We are already registered with Central Excise but our trunover is 1..3 Cr.
My query we sould start excise invoice immediately after excise registration or after completion of 1.5 Cr.
Please advice.
Thanks,
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Central excise
Replies (2)
Now you can registered with central excise but you should start the payment of duty after 1.5cr.
Only excisable goods need to be invoiced as per compliance of provision of rule 11 of CER, 2002 duly signed by owner or auth. agent. But after 1.5 cr clearance your turnover is dutiable and accordingly invoice should be prepared.
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