Passing of Cenvat credit, Central Excise

[Jatinder Maan]

upto which stage of dealer we can pass on the cenvat credit

Posts / Replies

[Surender Gupta]

As per the scheme of central excise read with cenvat credit, in case of goods domestic goods cenvat credit can be passed by the first stage dealer and second stage dealer after the manufacturer. Similarly, in case of Import, the duty of excise can be passed on by the first stage dealer and second stage dealer after the importer. In other words cenvat credit can be passed by two dealers in addition to original source.

[R.S. Mangal]

upto second stage of dealer