Dear All,
Facts of the case
A manufacturing unit is eligible as an SSI unit according to Notification 8/2003 i.e its eligible turnover in the preceding year does not exceede Rs. 4 crore
Question
1) Do i need to formally get registered as an SSI Unit under the central excise act in order to be eligible to gain Rs. 1.50cr exemption or i am automatically an SSI without intimating any details to the department as such.
1) Do i need to intimate any information to Department even if the Turnover does not exceede Rs. 90 Lakhs that indictes that i am an SSI Unit.
One of my client has just crossed the Thrush hold limit of 1.5 crores and has registered for excise. Now I wish to know that in same name can my client do Trading Activity and the Manufacturing Activity, what is the excise implication. Is there any rule and section under Excise ?
Can he take a separate premises for Trading activity under the same name and registration ?
R/Sir,
Can we export the non-excisable consumable items which is not manufactured by us & as trading activity.
We are the manufactuer exporter having Central Excise registration.
If yes please let us know the Central Excise procedure for clearance of the said goods.
Regards,
Winley
if suppose A.LTD is not registered in excise
A.LTD purchases and pays excise @12.36%
So my question is, can he charge the same excise amount to the debtors that he has been charged in purchase bill or
charge normally according to the calculations where excise liability will be raised upon the co ?
Sir we are a manufacturing company of auto parts and are covered under excise. our constitution of company is HUF and now we wanted convert huf to proprietorship. sir wanted to knw do we have to surrender our excise number and apply for new or is there any amendment can be done in excise if we change our constitution from huf to proprietorship.
Suppose A Received a Delivery oredr of coal from SECl in his name &
directly sold the delivery order to B & goods is received by B directly from SECL .
My query is that can B will be treated as 1st stage dealer & transfer the excise.
& if not than is there is any other way by which B can transfer the excise to another dealer.
suppose xyz com. has 2 units....x & y..
x is manufacturing unit having excise and servise tax nu. also.
y is depo.
all the goods came in the name of unit x address..
if we purchases the raw material on unit x address but directly transfer this raw material from unit x to unit y ( depo )..
then we are liable for excise duty..?
is there any other way to avoid the excise duty on goods..?
Hi,
I wish to get expert inputs on my following query:
If i am a trader with excise registration at my warehouse, I get a certain product from a manufacturer who has an excise registration and then i sell with a profit to my customer who also has an excise registration.
Manufacturer bills me and i bill my customer.
In this scenario i will be also be passing on the excise credit to my customer but won't he find out the margin i have kept as he will get to know the excise credit.
I require my inputs if the above is correct and if yes what is the ideal way in which i can pass on the excise credit benefit to customer along with not disclosing the margin amount.
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Ssi registration