Dear all
This time our company (proprietorship firm & SSI unit) made turnover of Rs.148 lakhs in this 30 Lakhs Items are With Material Sales & remaining is the Labor Job work (party send their material and we return back the same after machining).
I wants to take excise registration looking to 2008-09 year business confirmation from our customers. And we wants to apply for registration during Apr'08.
Now I have certain material which is remain with us and is going to dispatch in Apr.'08 after inspection of the material. This material I will sold to cusotmer with charging tax.
Now my question is if I got excise registration during May'08. then what about the material which I sold before excise registration, weather I have to collect Excise amount from those customers OR excise will applicable after the date of Registration Certificate.
Regards
Tarun T Patel
CAclubindia
