excise registration is mandatory or not (urgent)

This query is : Resolved

kanchan (Querist)
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01 March 2011 sir,
My turnover upto 28th February 2011 is Rs.80 Lacs and my items are covered in 130 items list. My query is that :
1) Whether it is mandatory for me to take registration under Central Excise or not.

2) If it is mandatory for me, then on what sales figure I have to charge 1% as excise duty.

3) What will be the status of SSI exemption which is available upto 150 Lacs sales.

Thanks

Surrender

Surrender (Expert)
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02 March 2011 You may check if your item is covered under SSI general exemption upto 150 lacs;
If so, you need not get registered till turnover of 135 Lacs is reached;

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