Concept of second stage dealer

Last updated at Dec. 16, 2024 by

In this post,

we will learn the concept of Second Stage Dealer in Excise 

And find out at which point Excise is due on Manufaturer, First Stage Dealer and Second Stage Dealer, 

and how much Excise Duty is payable and by whom

 

Let's consider

Manufacturer 1 → First Stage Dealer (FSD) → Second Stage Dealer (SSD) → Manufacturer 2

 

Concept of second stage dealer - Excise - Concept of First Stage Dealer

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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.