Suppose in Last case, Manufacturer 1 sells to Dealer who sells to Manufacturer 2

Manufacturer 1---->Dealer---->Manufacturer 2  

Assuming Dealer does not earn any Profit and works at No Profit no loss

In this case,Excise will be charged as follows

 

 

Sale by Manufacturer 1 to Intermediary Dealer  - Concept of First Stage Dealer

What is Excise Duty Payable in this case by all 3?

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Q2

What will Manufacturer 2 Prefer

Purchase from Manufacturer 1

or

Purchase from Dealer?

View Answer

 Q3

What should Dealer do to sell his product?

View Answer

 

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.