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Ssi exemption

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(Querist)
24 June 2012 a firm is enjoying ssi exemption up to 150 lacs. in this respect, i want to know what is the billing system : to collect excise duty or not to collect?

also tell me registers to be maintained by ssi unit for stocketc?
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Ajay Raghatate

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Ajay Raghatate (Expert)
25 June 2012 Whenever you cross the limit of 150 lacs, you have to charge Excise Duty & Avail cenvat Credit.

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