What is the Exemption limit for Excise Duty ? What about Limit for SSI ?

What are the procedure for Registration for Excise ?

Dear sir,

We are ASC(atho.ser.center) of Bajaj auto ltd. At Hoshangabad, having turnover of less than 4 lacs/annum. Through free service and paid labour, as per present exemption limit of SERVICE TAX is 10 lacs.
But service tax authorities are saying that you are using mono and brand name of bajaj, hence you are not exempted and you have to pay service tax on your service amount, receivable on 4 lacs @ 10.3 %

Please advice,!


Rgds
Durgesh Kumar chawra
Reliable auto Hoshangabad

Dear sir,

We are ASC of Bajaj auto ltd. At Hoshangabad, having turnover of less than 4 lacs/annum. Through free service and paid labour, as per present exemption limit of SERVICE TAX is 10 lacs.
But service tax authorities are saying that you are using mono and brand name of bajaj, hence you are not exempted and you have to pay service tax on your service amount, receivable on 4 lacs @ 10.3 %

Please advice,!


Rgds
Durgesh Kumar chawra
Reliable auto Hoshangabad

HI,

IF MY SALARY INCOME FOR THE FY 2009-10 COMES TAXABLE WHEN I HAVE TO START INVESTMENT IN ORDER TO GET TAX BENEFIR OF DIFFRERENT SAVINGS.

I MEAN BEFORE STARTING OF FY 09-10 OR IN THE FY 09-10.

AND NORMALLY WHAT WILL BE THE DECLATION TIME COMPANY DEDCIDED.

TANKS IN ADV

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Hi all,

Kindly resolve the following query:

Suppose, during the financial year 2008-09 upto Feb'09 a company (service provider deals with both exempted and taxable service) has paid service tax equivalent to the amount of tax collected from the client time to time and not availed any Cenvat credit at any point of time. Now, for the month of March'09 the company has calculated the Cenvat Credit amount by reducing the expenditure and wants to avail the same i.e. service tax is to be paid (by 31.03.09) for the month of March'09 after adjusting accumulated input credit (April'08 to March'09) . As such, balance credit if any will accordingly be carry forwarded to the next financial year 2009-10. The compnay wants to exercise-
a)Cenvat Credit Amendment Rules [Rule 6(3A)]as applicable from 01.04.2008
b) second option of rule as stated above i.e. not to pay 8% on exempted service and to follow reversal of credit.

Now, my questions are:

1. Can the Compnay utilise the accumulated credit after giving intimation to the Superintendent of Service Tax?

2. Is there any possibility that the accumulated Cenvat credit will be lapsed because of non availment upto Feb'09 ?

In view of the above situation, please guide me how and upto which period the company can utilise its accumulated Cenvat credit on input services.

Thanks in advance.

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OR rather i should not focus on such questions and focus on otehr things properly

.