First and second stage dealer

Saurabh Maheshwari (B.com,ACA) (5923 Points)

02 January 2013  

Dear Experts, Can you explain me the concept of First and Second Stage dealers with the help of a practical example.....I am not able to understand their role because the IDT book(here Bangar) has not given any example.....

Please donot disappoint me by ignoring this question?