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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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What will Manufacturer 2 Prefer

Purchase from Manufacturer 1


Purchase from Dealer?

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What should Dealer do to sell his product?

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  1. Tax Practical
  2. Practical Excise
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CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .