Excise duty patment
This query is : Resolved
30 June 2012
Thankyou for the reply regarding excise duty payment but Central excise Inspector is not agreeing, he is telling the 6th is the duty payment.
Ours is a PCB manufacturing unit, which comes under chapter no. 8534 , turnover less than 4 crore , please let us know whether our unit comes under SSI unit? what is the chapter NO. 7,7a,7b,7c and 7D. Please clarify.
Ours is a PCB manufacturing unit, which comes under chapter no. 8534 , turnover less than 4 crore , please let us know whether our unit comes under SSI unit? what is the chapter NO. 7,7a,7b,7c and 7D. Please clarify.
04 July 2012
If your turnover is less than 4 crore then you have to take every year 1.5 crore exemption from excise. If you cross 4 crore then you have to pay normal excise duty and take cenvat credit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Opting our of sec 44AD
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Multiple trade mark
- Transporter Declaration form
- FORM 26A APPLICABILITY
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
