What is First Stage Dealer?

Rule 2 (ii): First Stage Dealer means –

(i) A dealer who purchases goods directly from

• the manufacturer
• or depot of manufacturer
• from premises of the consignment agent of the said manufacturer
• other premises from where the goods are sold by or on behalf of the said manufacturer,

         under cover of an invoice

(ii)  An importer who imports goods from outside India and

     who sells goods imported by him under the cover of an invoice on which CENVAT credit may be taken

Such invoice may be issued by

• him directly
• issued from his depot
• or the premises of his consignment agent;

Rule 2(s): “Second Stage Dealer” means a dealer who purchases the goods from a First Stage Dealer.