CS Lalit Chaudhary (Practice) (24 Points)
12 March 2014Dear
If X person is manufacturing furniture items like table, chair, bed etc in his shop & selling at his shop only. is it liable to excise duty or Vat or both. Please help.
Ragards
Rajesh
Manoj Mehta
(Head Of Department (Accounts & Finance))
(1479 Points)
Replied 12 March 2014
R P Ananthakumar
(Sr. Officer - Central Excise/Cash)
(514 Points)
Replied 18 March 2014
Furniture also come under excise able goods. Central Excie turn over limit is 1.50 Cr. When your crossing the limit, you have to registered with central excise and pay duty as mentioned in excise tariff.
R P Ananthakumar
(Sr. Officer - Central Excise/Cash)
(514 Points)
Replied 18 March 2014
Furniture also come under exciseable goods. Central Excie turnover limit is 1.50 Cr. When you are crossing the limit, you have to registered with central excise and pay duty as mentioned in excise tariff.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
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