29 November 2013
X is an manufacturer and exporter of taxable goods in excise. Total export tunover is 20 cr out of which 18.5 cr is export sale and balance 1.5 cr domestic sales.
1. Is he liable to take excise regisration? If yes liabilty of excise duty.
2. Liability to take excise registration if 100% export turnover.
29 November 2013
Upto the 1.5cr DTA turnover is exempt from excise registration and duty payment. if your local sale have been cross from 1.5cr you need to registered with central excise and pay the duty. No need to registration if 100% export.