passing on madvat

SANTOSH TRIPATHI (SENIOR MANAGER COMMERCIAL)   (89 Points)

19 October 2010  

we are buying a product but seller  is not excise registered hence which we are not getting modvat benefit however for the same product our buyer(to whom we are selling ) wants us to pass MODVAT benefit. Please advice can we pass this, we are registered in excise as a trader.

Thanks in advance for all ur support.