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?
2 Replies
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)
(21063 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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