Check sibling questions

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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Davneet Singh

Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 12 years. He provides courses for Maths and Science at Teachoo.