Ca Gaurav Barai (CA Practice ) (22 Points)
25 June 2009Dear Members,
one of my client is trading in a product which was till now exempt from excise. but by a recent circular, some of the smaller packings are made excisable. so, now my client deals in both, excisable and non-excisable items. my question is, while calculating the clearence of 90 lacs and 1.5 crores, are non-excisable items also considered?
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 26 June 2009
Non-excisable items will be not considered.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
CAclubindia
