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Cenvat credit

Gurudutta Prasada Mohapatra (Sr.Executive Accounts) (26 Points)

14 January 2014

I am a dealer, I am registered under central excise. can i bill to the end customer excige duty and can i claim the cenvat credit,

Fo exmample.

Manufacturer bill to me

100+ excise duty + Vat

Dealer

110+ Excise on 110 + Vat

Can it Be possible?

Please help

Gurudutt

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4 Replies

Saurabh Maheshwari (B.com,ACA) (5923 Points)
Replied 14 January 2014

Dealer can never claim Cenvat credit....they can only pass the cenvat cr of excise charged to them(by manufacturers) provided such dealers are registered as 1st/2nd stage dealer with CE deptt..

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Sridhar (Student CMA) (77 Points)
Replied 16 January 2014

Originally posted by : Saurabh Maheshwari
	Dealer can never claim Cenvat credit....they can only pass the cenvat cr of excise charged to them(by manufacturers) provided such dealers are registered as 1st/2nd stage dealer with CE deptt..

Yes its right. Unless or until the dealer has got registered with Excise Dept, he cant charge ED in his bill. And he cant claim the cenvat but can pass on the same to the purchaser.

Sridhar (Student CMA) (77 Points)
Replied 16 January 2014

Originally posted by : Saurabh Maheshwari
	Dealer can never claim Cenvat credit....they can only pass the cenvat cr of excise charged to them(by manufacturers) provided such dealers are registered as 1st/2nd stage dealer with CE deptt..

Yes its right. Unless or until the dealer has got registered with Excise Dept, he cant charge ED in his bill. And he cant claim cenvat but can pass on the same to the purchaser.