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Querist : Anonymous

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Querist : Anonymous (Querist)
02 January 2013 A SSI unit produce two products. one is covered under ssi exemption and the other is ineligible for SSI exemption. Can the SSI unit pay 1% excise duty without taking cenvat credit on the product not eligible for SSI exemption? Which method is beneficial- pay 1% duty or taking cenvat credit. Sir, please advise me as early as possible.
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
02 January 2013 minimum rate of duty is 2% without cenvat facility and 6% with cenvat.
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Querist : Anonymous

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Querist : Anonymous (Querist)
03 January 2013 Sir,Which one is better ?
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
03 January 2013 This is your decision but 2% duty payment is better without cenvat credit.
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Querist : Anonymous

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Querist : Anonymous (Querist)
03 January 2013 thank u sir
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
18 January 2013 Yes I agree with the expert

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