1.is it central excise registration required to a newly formed company for carryforward of excise duty on capital items?
2.is there any time limits?
Example
date of formation:01-05-2015
date of purchase of capital asset:01-06-2015
when excise registration is required for Accumulating Input Duty?
It is required.
For further clarifications you can call to me 09620116162
The registration of central excise is not required upto 1.5cr turnover of the company.
Getmyca Consultant Pvt Ltd
New Delhi
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My Legal Tax Consultants Pvt. Ltd.
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Pune
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