WE ARE A SSI UNIT & OUR TURNOVER IS LESS THAN 1.50 CRORES( LAST F.Y. 2015-16 OUR BALANCE SHEET SHOW ANNUAL TURNOVER 1.30 CRORES), BUT WE WANT TO OBTAIN EXCISE REGISTRATION NUMBER. CAN EXCISE DEPARTMENT ALLOW US FOR VOLUNTARY EXCISE REGISTRATION NUMBER.
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Excise
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Dear Niloy Sanyal,
Yes, you can get voluntary registration under excise at the online portal of ACES.
However, once you get your entity registered, the statutory compliances like periodical filing of excise returns etc. will be applicable to your entity even if your liability under excise is Nil and thus, ultimately increasing your compliance costs.
Yes, you can get voluntary registration under excise at the online portal of ACES.
However, once you get your entity registered, the statutory compliances like periodical filing of excise returns etc. will be applicable to your entity even if your liability under excise is Nil and thus, ultimately increasing your compliance costs.
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