Cenvat duty payment

Ganesh SHANMUGAM (Asst. Finance Executive) (33 Points)

01 May 2016

Hi Experts pls clarify my doubts i started new SSI. now how to pay cenvat amount in excise dept. pls give suggestion to maintain proper filling

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Sunil Kumar (Indirect Taxation ) (1246 Points)
Replied 02 May 2016

For SSI Units,

You are not supposed to pay any duty unless you cross limit of one thousand five hundred lakh removal from your factory.

Once you cleared that much of value then your liability to pay duty arises.

Regards

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 05 May 2016

upto 150 lakh clearance for home consumption without availing input credit, you are not supposed to pay excise ( cenvat duty)

file SSI Exemption through ACES portal to avail the benefit of this notification

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