Under which Dealer can pass on the credit

[Guest]

Dear Sir, Please confirm us under which excise rule it is mentioned dealer has to pass on that much credit that he has availed and selling price will be different from passing cenvat credit, please explain, thanks and regards

[Mahir S]

Sir, You may refer sub rule (4) of rule 9 of the cenvat credit rules 2004.

AI Summary

Passing on Cenvat credit: dealer obligations are governed by sub rule four of Rule nine of Cenvat Credit Rules. Dealer obligation to pass on the amount of Cenvat credit availed, and any resulting adjustment to selling price, is governed by sub rule (4) of Rule 9 of the Cenvat Credit Rules, 2004; the forum reply directs the inquirer to that specific provision as the legal basis for the passing on requirement.