Hi,
im a manufacturer of readymade garments,business was established in 05-2011
i have a few doubts in regards to excise for home consumption and direct exports and indirect exports(H-form sales) below is a scenrio which will help u in knowing my doubt
sales till oct
home consumption -70lacs
direct exports-30lacs
in direct exports(h form sales)-20 lacs.
trading non-excisable sales-25lacs
til the year end my home consumption sales wont go beyond 140lacs
the question are
1. should i apply for excise registration ?? as my total sales is crossing 150lacs or am i exempted on the basis of home consumption
2. if yes for registration then what celing limit for registration
3. my total exports fora year may go beyond 2cr for next year and home consumption around the 140lacs. what should i next year
NOTE:- WONT BE AVAILING ANY CENVAT CREDIT
BRANDED READYMADE GARMENTS
thanks in advance