First stage dealer - excise duty

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Santhosh

Manager

21 Points Posted on 30 January 2014

Hi! Our company is dealing with sales of several products. For a major product, our customer is asking us to get registered for excise so that we can pass the excise duty. My question is;

1. If we register as first stage dealer, should by default we include Excise Duty for all products we sell? All our other products cannot be sold with ED. Please clarify.

2. If we do Even billing, our customer will know our Profit Margin which we dont want to reveal. What is the way out to pass ED to our customer without them knowing our profit margins?

Please assist.

Thanks and regards

Santhosh

Replies (4)

karan jit singh

Consultant

1148 Points Posted on 30 January 2014

Originally posted by : Santhosh
	Hi! Our company is dealing with sales of several products. For a major product, our customer is asking us to get registered for excise so that we can pass the excise duty. My question is; 1. If we register as first stage dealer, should by default we include Excise Duty for all products we sell? All our other products cannot be sold with ED. Please clarify. 2. If we do Even billing, our customer will know our Profit Margin which we dont want to reveal. What is the way out to pass ED to our customer without them knowing our profit margins? Please assist. Thanks and regards Santhosh

1. Only goods which need to pass the credit is complied with rules of Excise.

2. Only ED is to be mentioned . How your customer can know the profit??

Ravi Manohar Reddy

Proprietor

24 Points Posted on 11 August 2014

Dear sir can i had format of First stage excise dealer in Word or Excl or PDF.

Ravi Manohar Reddy

Proprietor

24 Points Posted on 11 August 2014

Sir please we are trading industrial material. purchasing from manufacturer and selling to manufacturer. please confirm we need to give purchase details on sales invoice ?