Our client manufactures furnitures and there turnover reached 1.3cr for FY 2010-2011.
Please suggest whether central excise registration is required or not???????
What is the limit for SSI unit?????????
1 Replies
Rakshit
(practising)
(338 Points)
Replied 14 February 2012
No registration is required till the turonver reaches Rs. 1.5 crore. The limit for SSI Unit is Rs. 1.5 cr. However, the assessee can avail SSI exemption in the current FY if the turnover in the last FY did not corssed Rs. 4 cr.
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