Registration limit
This query is : Resolved
30 October 2011
Dear Sir,
Any one please help me in let me know what is the limit of registration in excise
whether it is 400 crore or 4 crore
Please also let me know is it the same what mention in SSI provision.
Any one please help me in let me know what is the limit of registration in excise
whether it is 400 crore or 4 crore
Please also let me know is it the same what mention in SSI provision.
30 October 2011
Registration limit is 400 lacs i.e. 4 Crore of Domestic Turnover in previous financial year. But for SSI exemption limit for payment of excise duty is 150 lacs. First clearances upto 150 lacs in a current financial year is exempt, afterwards you have to pay excise duty.
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