Er 1 liability
This query is : Resolved
01 December 2015
Dear Sir,
Pls clear who is liable to file ER1, and what is the notification no
Regards
Surajit Manna
Pls clear who is liable to file ER1, and what is the notification no
Regards
Surajit Manna
01 December 2015
All Assessee is liable to filing ER-1 except SSI unit.
01 December 2015
All Assessee is liable to filing ER-1 except SSI unit.
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02 December 2015
sir , what is the turnover salve , pls clear
02 December 2015
Exemption under notification, no. 8/2003 CE is applicable to SSI units, the main criterial which is taken into account for deciding the eligibility for exemption is that the turnover of Rs. 4 crores in the preceding financial year.
According to the conditions of the notification, a manufacturing unit can avail the SSI exemption upto Rs. 1.5 crore in the current financial year, if the turnover of the previous year is not exceeding Rs. 4 crores.
According to the conditions of the notification, a manufacturing unit can avail the SSI exemption upto Rs. 1.5 crore in the current financial year, if the turnover of the previous year is not exceeding Rs. 4 crores.
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