central exsice tax limit
K RAMANATHAN
(PROPRIETOR)
(23 Points)
Replied 20 January 2015
Dear Sir
My client is having the following trunover
Rs.1,15,00,000 manufacturing
Rs 35,00000 Trading
Is he required to get Central Excise Regn. Pls clarify
Thanks in advance
CA K Ramanathan
nagaraju.g
(Manager)
(31 Points)
Replied 12 March 2015
Dear Sir, Turnover Limit fo Excise Registration includes Export Sales??? Please Reply.
NIKHIL
(HEAD)
(21 Points)
Replied 15 March 2015
In Excise Turnover Limit Not Include Export Sales.
We Also inform You Excisable Unit Jobwork Not Include In Exempt Limit Rs.150 Lacs
HARISH KUMAR
(Accountant)
(22 Points)
Replied 13 June 2015
Should we go for registration in Excise (Mfg. SSI Unit)
Export sales 6 Cror
domestic sales 95 lacs
HARISH KUMAR
(Accountant)
(22 Points)
Replied 13 June 2015
Should we go for registration in Excise (Mfg. SSI Unit)
Export sales 6 Cror
domestic sales 95 lacs
Whats the turnover limite for excise registration.
Umasankar Reddy
(Senior Executive Finance and HR)
(27 Points)
Replied 26 June 2015
i also agree with mr. arunkumar
nawaz
(own practice)
(35 Points)
Replied 08 July 2015
S.L.GOYAL
(MANAGING DIRECTOR)
(28 Points)
Replied 12 August 2015
We have a modular furniture manufacturing unit at IMT Manesar (Gurgaon), registered with District Industries Center, Gurgaon as an SSI Unit under the MSME Act. We do not have Excise Registration as our Turnover in 2014-15 was less than even Rupees one crore.
Recently we have installed new machines and we expect our turnover to increase.
From the above discussion, I understand we don't need excise registration until our turnover crosses Rs 4 crore*.
At another place, it is said that once we reach turnover of Rs. 150 lakhs, we have to register**
Kindly clarify what is the right limit of turnover above which Excise Registration is mandatory?
*Post by Sunil Kumar G
**post by R P Ananthakumar
Suryakant Raithatha
(Prop)
(22 Points)
Replied 16 September 2015
Is is compulsory to get Registration under Central Excise Act if
a Partnership firm having
1) Trading of Rs.1 Cr
2) Manufacturing Turnover of Rs, 1 Cr.
if yes, when ?
Any Central Excise is to be charged on Trading Turnover ? ( If the same was purchased from a entity which is Registered under central excise act or not ?).
kapil
(student)
(22 Points)
Replied 02 October 2015
Prafull Chawda
(Service)
(21 Points)
Replied 09 February 2016
My Client is a manufacturer of a SNUFF (Tarrif Code 24039940) and the turnover is less than Rs.20 Lakh. Can he liable to Register with Central Excise?
CAclubindia
