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Exise

EXICSE (Legacy) 198 views 1 replies
We are a SSI manufacturing unit in west bengal .We have obtain this number which shown below 1) VAT Number -YES 2) CST Number-YES 3) ESI Numer- Yes 4) PF Number -YES 5) P.Tax Number - YES 5) Service Tax Number -NO ( Because Job Work below 10 Lakhs) 6) Excise Number - No ( Because Annual Turnover below 1.5 Crore) Please Note that when we have purchase raw meterial pay VAT & Excise Duty both . Now question is we adjust only VAT Payment & not EXCISE DUTY , Can We adjust EXCISE DUTY without Excise & Service Tax Number please clarify
Replies (1)

Since you are an SSI unit and has no excise/ST registration, there is no question of availing Cenvat credit on your inputs/input services + Even if you avail wrongly there is no output liabilty (ED/ST) to adjust !!


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