Ssi exemption
This query is : Resolved
hiren patel
(Querist)
24 June 2012
a firm is enjoying ssi exemption up to 150 lacs. in this respect, i want to know what is the billing system : to collect excise duty or not to collect?
also tell me registers to be maintained by ssi unit for stocketc?
also tell me registers to be maintained by ssi unit for stocketc?
Ajay Raghatate
(Expert)
25 June 2012
Whenever you cross the limit of 150 lacs, you have to charge Excise Duty & Avail cenvat Credit.
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