Excise Duty on Sales .....

Vijay Kr. Mishra (prop.) (576 Points)

03 May 2010

Dear Sir, Can a Registered Dealer Charge Excise Duty on his Sales ?

Thanks.

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CA KHAN AURANGZAIB (ERP FINANCIAL CONSULTANT) (85 Points)
Replied 04 May 2010

If dealer sales Exciseable goods, First he have to registered under excise act as first stage dealer or second stage dealer.

First stage dealer/ second stage dealer made a invoice under rule 11 of Central excise rule.

According to this rule dealer will make a invoice in two part:-

First part show only dealer detail i.e., Qunatity and rate of goods sold and vat or cst if any.

Second part of invoice show Manufacture detail on which such saleable item have been purchase, detail shoul be :-

Manufacturer Name, Chapter id of Excisable items, date/time of purchase, excise duty on such purchase.

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