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Former Member
Jan 11, 2011 at 02:49 PM

Purchase from 2nd stage dealer.

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Hi All,

I am purchasing from vendor who is 2nd stage dealer sends us an invoice of Rs. 1203/- with excise at 10% 2% & 1 %.

If excise amount here is Rs. 103/-.

This gives us a Base amount = Rs. 1000/-

Dealer's commission/profit = Rs. 100/-

I am not able to map this.

Please suggest how to handel this so that i can avail the cradit of excise.

Regards

Prabhat