If manufacturers of stainless steel can avail ssi exemption?
This query is : Resolved
24 August 2015
Greetings,
Kindly clarify me on this :
A Firm, being a manufacturer of Stainless steel & Utensils, Having Turnover of less than 1.5 Crores in Current Year & less than 4 Crores in Previous Year, be eligible to claim the SSI Exemption under Excise Act.
Kindly clarify me on this :
A Firm, being a manufacturer of Stainless steel & Utensils, Having Turnover of less than 1.5 Crores in Current Year & less than 4 Crores in Previous Year, be eligible to claim the SSI Exemption under Excise Act.
25 August 2015
The scheme is presently applicable to stainless steel pattas/patties and Aluminium circles. These articles are not eligible for SSI exemption.
25 August 2015
Dear Sir,
What scheme is presently applicable to stainless steel pattas etc? Are you talking about the Compound levy?
What scheme is presently applicable to stainless steel pattas etc? Are you talking about the Compound levy?
26 August 2015
Yes, the excise duty will be applicable on the machine under compounding levy scheme.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- Confusion around Form 26QB fields
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Disallowance of Section 43B(h) to sez units
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- GST Regis.
- Sale of property furniture sale
- Is correct way to find out capital of individual on 31st March
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
