16 September 2012
We are a company manufacturing electronics. Our manufacturing turnover is less than 1.5 cr till date, but in addition to that we have received 75 lacs as installation charges which falls under service tax. What will be the status of Excise registration and Obligations in this case.
16 September 2012
service is not part of manufacturing, 150 lacs exemption is available for manufacturing unit exclusive for home clearance. refer notification no 8/2003
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