Is it mandatory to inform excise department if turnover cross 150 lac in case of SSI Unit and what is the format for the same?
CA.Ankur Khandelwal (Owner) (281 Points)
27 October 2012Is it mandatory to inform excise department if turnover cross 150 lac in case of SSI Unit and what is the format for the same?
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 27 October 2012
No need to inform. Only you pay the duty after 1.5 cr.
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 31 October 2012
file R-1 with department for registration(after 140 lacs) online through ACES.GOV.IN, and send the printout with requisite documents, and start to pay duty after 150 lacs.
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