Clearance of 90 lakh. how should i proceed ?

Hello ,

Please advise ,  Manufacturer crossed 1.2 Cr turnover , How should I proceed to declare same with Excise authority, If I declare am I eligible for SSI 1.5 CR Exemption? Is this declaration means permanant registration ?

 

Replies (6)

SSI exemption limits 1.5 only crore and if you cross the Rs. 90 lacs sale then then you needs a self-declaration should be submitted in the Excise Dept. and if you cross the maximum exemption limit above Rs. 4 crore then you cannot availed the exemption benefit for next year.

And you should go to registration. If you having other observation or not got my things then forward the same.

Thanks for the information.

After declaring the same , Do I have to opt for  registration sepearately before crossing 1.5 Cr , ?

Only one registration required for you and if you cross the exemption limit Rs. 4 crore then you will not require obtained a new registration number.

Only one registration number is sufficient for you. Hope you got this things if not plz forward the same.

No sir I am still not clear ,

As you said after 4 Cr I  have to opt for registration.

My question , whether I have to opt for registration after crossing 1.5Cr ? as I get eligible to pay tax after crossing of 1.5 Cr.?"

Please clarify

In this regard you can adopt Two Option i.e.

  1. First clearance have to pay excise duty and
  2. Secondly you can take the exemption benefit 1.5 crore

In your queries that are if you cross the 1.5 crore then you have to pay Central Excise Duty in this regard and you can take the benefit of Cenvat Credit Rule, 2004 paid Central Excise Duty on purchase.

OK Thank you very much

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details