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EXCISE DUTY TRADERS ISSUE

Central Excise - Started By: - subham kumar - Dated:- 29-7-2015 Last Replied Date:- 31-7-2015 - HelloPlease solve the query related to CENVATLike we are trading & processing company (Consider B) of good, we buy goods from Manufacturer (Consider A) bring to our Godown/premises and sell to Buyers (Consider C).Now Manufacturer Bills us with 2% of Excise duty on good.Like ₹ 100 + 2(2% of Excise duty) = 102Now Question is can B pass excise duty credit to C?If yes how to bill for C? If B wan .....

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ice for necessary guidance and clarification. - Reply By Ramanujam Varadarajan - The Reply = Two options are available: 1. 'B' can obtain Central Excise Dealer registration and pass on the Cenvat credit charged by Manufacturer thru his own Cenvat Invoice. 2. If Manufacturer direclty despatches the goods 'C' and Bill to: 'B' and Ship to 'C', still 'C' can avail Cenvat credit based on Invoice raised by Manufacturer, though 'B' can raise separate comm .....

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