Cenvat Credit in First Stage Dealer

[Raja krishnan]

Dear Sir,

One Central Excise Registered First stage dealer, Purchased Central excise goods from the Manufacturer & collected the Cenvat Credit, in this status, as on date how to pass on their Cenvat Credit which are collected from the Manufacturer to Second Stage Dealer through them sales invoice ..Please clarify the method of sales with good example.

AI Summary

Cenvat credit transfer: first-stage dealers must show passed credit separately and attach manufacturer invoice for recipient credit.
Cenvat credit collected by a first-stage dealer may be passed to a subsequent dealer by showing the credit separately on the sales invoice and attaching the manufacturer's invoice; the amount passed must not exceed the credit actually received and recorded by the dealer in its credit register.