Excise exemption under notification 8/2003

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 February 2013 Dear Experts,

We are a SSI in Chennai, we have availed excise exemption under notification 8/2003 for the F.Y.2012-13 We are also having a SSI unit in Himachal pradesh where Excise is exempted under notification 49 & 50 dtd 10.06.2003 My query is are we eligible for excise exemption under notification 8/2003 as the turnover in Himachal pradesh unit exceeded Rs.4 crore, where as in Bangalore was Rs.1 crore in the P.Y.2011-12.

Rajeev Kumar Garg

Rajeev Kumar Garg (Expert)
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28 February 2013 Yes, you can avail value based exemption under notification. no. 8/2003 for your Bangalore unit. The concern ruling of this noti. is as under:
3. For the purposes of determining the first clearances upto an aggregate value not exceeding 5[one hundred and fifty lakh rupees] old[one hundred lakh rupees] made on or after the 1st day of April in any financial year, mentioned against serial no.1 of the said Table, the following clearances shall not be taken into account, namely:-

(a) clearances, which are exempt from the whole of the excise duty leviable thereon (other than an exemption based on quantity or value of clearances) under any other notification or on which no excise duty is payable for any other reason;

(b) clearances bearing the brand name or trade name of another person, which are ineligible for the grant of this exemption in terms of paragraph 4;

(c) clearances of the specified goods which are used as inputs for further manufacture of any specified goods within the factory of production of the specified goods;

Thanks
Rajeev Kumar Garg (M.com. L.L.B.)
Cunsultant (Customs, Central Excise & Service Tax)
Ph. No. 9412167133.

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