First Stage / Second Stage Dealer

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..... (ii) an importer or from the depot of an importer or from the premises of the consignment agent of the importer, under cover of an invoice; Rule 2(s) second stage dealer means a dealer who purchases the goods from a first stage dealer; Rule 9(4) The CENVAT credit in respect of input or capital goods purchased from a first stage dealer or second stage dealer shall be allowed only if such first stage dealer or second stage dealer, as the case may be, has maintained records indicating the fact that the input or capital goods was supplied from the stock on which duty was paid by the producer of such input or capital goods and only an amount of such duty on pro rata basis has been indicated in the invoice issued by him. R .....

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..... goods from First Stage Dealer. Four tier channel: 1 Manufacturer / Importer 2 Depot / Premises of the Consignment Agent / Any other premises from where the goods are sold on behalf of the Manufacturer / Importer 3 First Stage Dealer procuring goods from such Depot / Consignment Agent or Any other place. 4 Second Stage Dealer procuring goods from First Stage Dealer. It must be noted that the Depot / Premises of the Consignment Agent or any premises from where the goods are sold on behalf of the Manufacturer / Importer is not First Stage Dealer, however they need to obtain registration from the Excise Department for the purpose of issue of duty paying document. Multiple Godowns of a First Stage / Second Stage De .....

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..... Invoices for Cenvat purpose must contain pre-printed serial numbers. Records to be maintained by the Dealer Rule 9(4) puts a conditions that First Stage / Second Dealer must maintain proper records. For this purpose he may maintain a register (earlier known as RG-23D) containing the details of duty paid. A dealer should submit a list in duplicate, of all the records prepared or maintained by him. Return to be filed by the Dealer A First Stage / second stage Dealer/ registered importer is required to file a quarterly return in the prescribed form with the excise department quarterly. Due date for filing of a return is - 15 th of the following month from the close of the quarter. It will be fil .....

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