Hi all,
An ice cream manufacturer has annual turnover of Rs 15laks approx
I understand ice cream is excisable good.I can he get exempted from registration since his turnover is less than 90 lakhs.
Please guide!
Thanks in Advance :)
abhishek (CA FINAL) (274 Points)
12 August 2013Hi all,
An ice cream manufacturer has annual turnover of Rs 15laks approx
I understand ice cream is excisable good.I can he get exempted from registration since his turnover is less than 90 lakhs.
Please guide!
Thanks in Advance :)
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 12 August 2013
Dear Abhishek,
According to Rule 9 of CER, 2002, the manufacturer in your case is not requrired to get registerd till his turnover is Rs. 150 lakhs. If it exceeds that limit, then only he is required to get registered. and if his turnover ranges in between Rs. 90 lakh to Rs. 150 lakh for the year, then he is required to give declaration in the specified format for the same.
Best Regards,
CA Lovely Arora
ca.lovelyarora @ gmail.com
abhishek
(CA FINAL)
(274 Points)
Replied 18 August 2013
on more doubt even though the turnover is within the exemption limit do i have to register as SSI to get such exemption ?
thanks in advance :)
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