22 February 2013
We have a factory where we perform manufacturing as well as trading but however our manufacturing is less then the prescribed limit of exemption under central excise act and our total turnover has crossed the limit of rs 4 crore i.e 50 lakhs is of manufacturing and 3.5 is of trading. So whether we are liable for registration under central excise act as per excise rules...... Kindly clarify me this its urgent
24 February 2013
You are not required to get registration upto the limit of 1.5 Crore for sale of manufactured goods. There is no limit defined for sale as trading in the act. Rajeev Kumar Garg (M.Com, L.L.B.) Consultant (Excise, Customs & Service Tax) Ph. no. +91 7500802402
24 February 2013
You are not required to get registration upto the limit of 1.5 Crore for sale of manufactured goods. There is no limit defined for sale as trading in the act. Rajeev Kumar Garg (M.Com, L.L.B.) Consultant (Excise, Customs & Service Tax) Ph. no. +91 9412167133