web analytics

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?

View Answer

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

 

  1. Tax Practical
  2. Practical Excise
Ask Download

About the Author

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 7 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
Jail