I am having a SSI Unit and my this year turnover will be around around 1.75 crore but out of it 75% sale was exports.. So do I need to take Excise registration or Will I be able to avail exemption. Please explain?
3 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 06 February 2012
get registered and maintain the excise formalities, to avoid any litigation.
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 06 February 2012
Calculating turnover of Rs. 150 lakhs for exemption from registration, export turnover will not be considered. No need to take registration and follow excise procedures.
anshul heda
(ceo)
(25 Points)
Replied 07 February 2012
mr. arun is right only declaration is require when turnover exceed 90 lakhs with in 30 days
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