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First stage dealer registration

Goyal (Partner) (33 Points)

09 September 2011

We plan to import industrial goods from USA and distribute in Maharashtra. My understanding is that to pass on cenvat credit we need to register with excise as first stage dealer. However, can we use commercial office space for storing these goods? Or do we need to find a warehouse property only for excise registration?

Thanks & best regards

Goyal

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2 Replies

(Guest)

Once goods are cleared for home consumption, it is not required to keep them in a warehouse.

Warehousing is an option available before clearance of goods from customs for temporary storage of goods till they are cleared.

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U S Sharma (glidor@gmail.com) (21063 Points)
Replied 10 September 2011

Originally posted by : Goyal
	We plan to import industrial goods from USA and distribute in Maharashtra. My understanding is that to pass on cenvat credit we need to register with excise as first stage dealer. However, can we use commercial office space for storing these goods? Or do we need to find a warehouse property only for excise registration? Thanks & best regards Goyal

a storage space is needed for "dealer excise registration", it may be your commercial office space, but you have to store the goods there only, as per RG23D register.