Excise applicability
This query is : Resolved
15 March 2011
Dear Sir,
Pls Adivse me
i am working a manufacturing company. our company cross 1.5 crores sales turnover.
pls advices me our company are covered under excise duty or not
regards
Praveen
Pls Adivse me
i am working a manufacturing company. our company cross 1.5 crores sales turnover.
pls advices me our company are covered under excise duty or not
regards
Praveen
16 March 2011
If you are manufacturing goods on which excise duty is payable as per the Central Excise Tariff, your company is laible to pay duty on the goods cleared beyond Rs.1.5 Crores as per the SSI Exemption.
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