https://www.taxtmi.com/article/detailed?id=7262 The revised GST draft defines First Stage Dealer and newly introduces Second Stage Dealer to delineate dealers eligible under transitional provisions. Section 169 allows cenvat credit on inputs in stock for first and second stage dealers and registered importers, addressing prior exclusion of dealers from excise credit. No specific procedural mechanism to claim transitional cenvat is prescribed: dealers with RG 23D records can substantiate credit, while other dealers may rely on a government-prescribed formula where duty documents are absent. en-us Sat, 04 Feb 2017 10:14:54 +0530 Sat, 04 Feb 2017 10:14:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7262 The revised GST draft defines First Stage Dealer and newly introduces Second Stage Dealer to delineate dealers eligible under transitional provisions. Section 169 allows cenvat credit on inputs in stock for first and second stage dealers and registered importers, addressing prior exclusion of dealers from excise credit. No specific procedural mechanism to claim transitional cenvat is prescribed: dealers with RG 23D records can substantiate credit, while other dealers may rely on a government-prescribed formula where duty documents are absent. Articles Goods and Services Tax - GST Sat, 04 Feb 2017 10:14:54 +0530 https://www.taxtmi.com/article/detailed?id=7262