11 November 2013
I am working with a Manufacturing private limited company which manufactured spices and other eatable products. Its turnover more than fifty crores. My question is excise is applicable or not, Please guide regarding this.
12 November 2013
If your goods is taxable and amount to manufacture then excise duty will be applicable otherwise no need to take excise registration. SSI exemption is available to all units upto 1.5cr you should consult with any professional. visit on my profile if you contact with me.
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