TMI BlogClarification about Excise Registration.X X X X Extracts X X X X X X X X Extracts X X X X ..... Clarification about Excise Registration. X X X X Extracts X X X X X X X X Extracts X X X X ..... acturer & exporter of Cotton & Leather hand bags, fashion Accessories, made ups etc & having turn over up to 3 crore & also have SSI registration. Please guide us we are eligble for excise registrati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on or not. Reply By Ramaiah Swamy: The Reply: dear mr. dharmendra Singh, 1. If your local turnover is more than Rs. 150 lakhs in a financial year, then you have to seek registration under central e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xcise 2. You can take registration even earlier at your option. 3. Once you are excise net, you are entitled for cenvat credit benefit, required to maintain records and pay central excise duty. 4. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... After deducting direct export turnover, supply to EOU, supply to SEZ , if the turnover exceeds Rs. 150 lakhs then only you will be compulsorily required to take registration. With best wishes, Ramai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ah swamy X X X X Extracts X X X X X X X X Extracts X X X X
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