Exemption from central excise for manufacturing Indl. oils

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
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details