Excise ssi exemption
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 December 2015
Dear Experts,
We are registered in excise having turnover 1.6 crore, plzz let me know am i not liable to charge excise upto 4 crore.....
Thanx in Advance
We are registered in excise having turnover 1.6 crore, plzz let me know am i not liable to charge excise upto 4 crore.....
Thanx in Advance
10 December 2015
You have to charge excise duty when your turnover exceed 1.5 Cr. & If your turnover less than 4 CR in previous year then you can avail SSI exemption. Once your turnover exceed 4 Cr then you are not liable for SSI exemption.
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