Collection of excise when registered under ssi and excise

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 April 2013 Dear Sir/Madam,

Our manufacturing firm is registered with SSI and Excise(Product:Transformer Lamination).

Our turnover is 25,00,000/00(25 lac approx),which is under SSI exemption Limit.

We are not availing credit of input Excise(i.e.we are paying excise when we purchase), as a result cost of product increases and selling without Excise Invoice(only Vat applicable), so can we make invoice with Excise, if not what is the benefit with Excise and SSI registration.

Thanking You,
With Regards,
Manhar

Arun Kumar Singh

Arun Kumar Singh (Expert)
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04 May 2013 As you wish that you can take the ssi exemption and not to be availed ssi exemption. If you will pay the duty then you can take the cenvat credit on input.