Dear all
Mine is an SSI unit with 1 crore turnover in the previous year. In this year upto Feb 2014 my sales turnover is Rs.1,50,05816/-. In this Rs. 60,00,000/- are exempted sales made to an Export oriented unit located in a Export zone SEZ.
DO I have to be registered to Excise Department or am I exempted.
Please give the information and help me regarding this.
Thank you
for ssi exemption, aggregate value of home consumption to be considered, sales made to 100% eou or unit in sez is considered as deemed export and not included in calculation of aggregate value of clearance ie 1.5cr.
so u r not required to get registered...
Karia Overseas
Ahmedabad
CA
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SMJ global advisors pvt ltd
New Delhi
B.Com
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CAclubindia
