I am having a SSI Unit and my this year turnover will be around around 1.75 crore but out of it 75% sale was exports.. So do I need to take Excise registration or Will I be able to avail exemption. Please explain?
I am having a SSI Unit and my this year turnover will be around around 1.75 crore but out of it 75% sale was exports.. So do I need to take Excise registration or Will I be able to avail exemption. Please explain?
get registered and maintain the excise formalities, to avoid any litigation.
Calculating turnover of Rs. 150 lakhs for exemption from registration, export turnover will not be considered. No need to take registration and follow excise procedures.
YOGESH KAPOOR AND ASSOCIATES
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CAclubindia
