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.

  1. Indirect Tax
  2. Cenvat Credit


About the Author

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CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 11 years. He also provides Accounts Tax GST Training in Delhi and Pune.