Sir,
I am starting new ssi unit as packing of sweet souff (feenel seeds) & dhanadal in small pouches.
I would like to know the Central Excise exemption limit for this unit and relavant notification, if any.
Pls help
Menu
Central excise exemption limit
Replies (3)
yes you can avail ssi exemption
upto 150 lakh no duty is required to be paid
Upto 1.50 Crore, no duty is required to pay.
If you can take cenvat for your input material, you have to register with excise and pay duty for 60% of your invoice amount. This is will adjust in your cenvat amount also
Recent Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
Related Topics :
CAclubindia
