Is it mandatory to inform excise department if turnover cross 150 lac in case of SSI Unit and what is the format for the same?
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Ssi notification 8/2003
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No need to inform. Only you pay the duty after 1.5 cr.
file R-1 with department for registration(after 140 lacs) online through ACES.GOV.IN, and send the printout with requisite documents, and start to pay duty after 150 lacs.
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