Poonawalla fincorps
Poonawalla fincorps

Limit

This query is : Resolved 

17 March 2014 what is limit of sales for applicability of excise duty

18 March 2014 If the aggregate value of clearances in the previous year does not exceed Rs. 400 lakhs, then the assessee is a SSP in the current year.

Accordingly no excise duty will be levied on aggregate value of clearances up to Rs. 150 lakhs.



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