Contact us   Feedback   Annual Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Excise duty applicablility

Central Excise - Started By: - SHINIL NAMBRATH - Dated:- 16-2-2016 Last Replied Date:- 17-2-2016 - Dear Learned Members,This is with respect to the captioned subject.In this regard, please note we have recently incorporated an LLP which is in the business of manufacturing control panel which is used in various machinery and we are yet to start to any business/manufacturing.Hence, I want to know when should I need to get register for excise duty. Are there any threshold limit for it.Further my ve .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

not to avail the above referred exemption and instead pay the normal rate of duty on the goods cleared by you. Such option may be utilized if you want to get registered and to provide your excise registration number to you vendor. Herein, you shall be eligible to avail cenvat credit on input, input services and capital goods and such credit can be utilized for payment of excise duty. Further, if you opt for point (i) above, then you can request the Jurisdictional Range Superintendent who can iss .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

icate immediately on crossing specified limit of ₹ 90 lakhs (increased from ₹ 40 lakhs consequent upon enhancement of threshold exemption limit to ₹ 1.50 Crore w.e.f. 1.4.2007) .This is as per Chapter-2 Point No.4 of CBEC's Excise Manual of Supplementary Instructions, 2005 as amended. Prior to reaching the clearance of value of ₹ 90 lakhs, you are required to file Declaration Form in ANNEXURE-4 with the A.C./D.C. of Division as per Notification No.36/2001-CE(NT) dated .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version