Exemption from central excise for manufacturing Indl. oils

826 views 1 replies

I wish to start a manufacturing unit for manufacture of Industrial Oils, lubricants and Grease and Textile Auxillaries. I hope to cross sale of Rs.1.00 crore in a year. I want to know the exemption limits from excise and excise slabs for different sales.

Is there enhanced exemption, if I register my unit as S.S.I. Unit?

Is there any way, to opt out of excise also?

Can someone reproduce those sactions, which you use to answer my above questions,  so that I know that your answers are autheticated and have legal binding, so that I do not have any problem/trouble lateron.

If I want to hire a consultant for day to day work related to excise and preparing and filing of excise returns, claims and refunds, representations, follow-ups, i.e., A TO Z work of excise, what will be his charges per year.

Replies (1)

Dear Mr.Khan,

1. The Excise Excemption applicable for the Registration of  SSI Unit is  Rs.10 lacs turnover only but you have mentioned to cross the sale of Rs.1 Crore.

2. I am also doing the Central Excise, Service tax and VAT as outsourcing consultant.  If you like give chances to me.

With Regards

N.Srinivasan.

Email: acctsrini @ yahoo.com Handset : 9840200561

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details