29 August 2013
if a proprietor concern buy material and send to other manufacturer for manufacturing the finished products, on receipt of these product the proprietor concern sells these goods to another company. I want to understand if his turnover crosses 1.5 crores he is required to get register with Central Excise
29 August 2013
Upto the 1.5cr turnover SSI exemption is available to all unit and no need to pay excise duty. If any one manufacturing the goods bearing other brand name or trade name goods then SSI exemption will not be available.
CAclubindia
