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This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 January 2015
my manufacturing unit just cross exemption limit of excise (1.50 Crore). can u tell me may i have to pay the duty on excess amount of the limit and what is the way to pay the duty. what documents/register(even gate pass) required for maintain excise records for home use only.
Arun Kumar Singh
(Expert)
21 January 2015
You should paid the duty after 1.5cr turnover otherwise at the time of audit you will pay the duty along with with interest.
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