04 March 2016
Sir, I have a manufacturing unit. Till date my turnover is 14859015=00 includes Trading activity is Rs. 1525500=00. My query is whether turnover is considered trading activity or not for Excise Registration?
04 March 2016
Dear for the purpose of excise the turnover related to the manufacturing activity is considered. The turnover related to the trading activity is not covered under excise for registration.
CAclubindia
