03 February 2014
We provide the following services
A) Manufacture & Supply of Display Furniture B) Onsite Interior Works like Painting, Carpentry, Electrical Works, C) Transportation of goods and Installation services.
Our Total Sales (includes all the above 3 categories(A+B+C) including taxes) is Nearing 150 Lakhs in this Financial year.
Now, How & when we will become a excisable unit. Kindly clarify.
04 February 2014
You are providing Services & Manufacturing the goods And every manufacturer is required to register in Central Excise after crossing the turnover 150 lakhs (declaration to be filled after crossing 90 lakhs in previous year for SSI Unit )
For service tax registration limit is 10 lakhs, and when you cross the limit you registered in Ser Tax and you have to charge service tax.
CAclubindia
