Dear All,
We have just started a new firm and registered as 1st stage/2nd Stage dealers under central excise. My query is how to furnish details in excise dealer return. All sales and credit utilized details is quite simple to furnish but real trouble starts with purchase details.
1. If cenvat utilized in more than 1 sales bills then how to furnish in the return.
2. If some part of cenvat of a bill is utilized in one quarter and other part utilized in another quarter then how to furnish details in both returns.
3. If no sales booked against a cenvat bill then how to show in the return or not included in the return.
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Exicse dealer quaterly return.
Replies (4)
simply follow the 23D register maintained
dealer return is nothing but abstract of the 23D register
my question is which value should be entered in the purchase details.
a.) net amount of cenvat credit utilised or
b.) actual value of bill each time.
purchase details are fixed, they should be as per the purchase invoice issued by manufacturer, ( in case you are 2nd stage dealer, 1st stage dealer has shown the assessable value and duty payment by manufacturer ) how ever sale price of yours will be entered in part A, but the duty per unit will remain same as per the purchase invoice,
Only that invoice (total invoice qty and total excise duty) against which you have passed the Cenvat Credit in that period, will be shown.
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