What diffrance between 1st stage,2nd stage and 3rd stage
dealer in excise.? Explain.!

Answer Posted / joseph mathoor

"first stage dealer" means a dealer, who purchases the
goods directly from,-

(i) the manufacturer under the cover of an invoice issued
in terms of the provisions of Central Excise Rules, 2002 or
from the depot of the said manufacturer, or from premises
of the consignment agent of the said manufacturer or from
any other premises from where the goods are sold by or on
behalf of the said manufacturer, under cover of an invoice;
or
(ii) an importer or from the depot of an importer or from
the premises of the consignment agent of the importer,
under cover of an invoice;

(iii) an importer/dealer who is purchasing the goods on High Seas Basis under cover of High Seas invoice of original importer.

"second stage dealer" means a dealer who purchases the
goods from a first stage dealer;

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