Registration
This query is : Resolved
06 October 2012
My client (Constituted as Firm) is 100%Exporter of Meat & Meat Products. They have a Factory in Maharashtra (Solapur) and Corp. office in Mumbai (Bombay).
All the Products are Exempted Goods but during the Process a Excisable By-product (Fat Tallow) is produced which cannot be Exported. This is Sold Locally. This year the Exemption limit is crossed.
The Firm has Constructed the Factory on Leased Land from Another Company which is based in Solapur.
The Question is in Whose Name the Excise Registration should be Made, The Owner of Factory Land or My client which has Constructed the Factory?
Also, should we just Intimate that the threshold limit has been crossed this Financial year or get it Registered and start charging Excise?
Experts Please Help.
All the Products are Exempted Goods but during the Process a Excisable By-product (Fat Tallow) is produced which cannot be Exported. This is Sold Locally. This year the Exemption limit is crossed.
The Firm has Constructed the Factory on Leased Land from Another Company which is based in Solapur.
The Question is in Whose Name the Excise Registration should be Made, The Owner of Factory Land or My client which has Constructed the Factory?
Also, should we just Intimate that the threshold limit has been crossed this Financial year or get it Registered and start charging Excise?
Experts Please Help.
06 October 2012
Firm will get registered under excise. as the turnover belong to the FIRM only.
yes get regd and start charging and paying ed.
yes get regd and start charging and paying ed.
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
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
