Central Excise Exemption of 150 Lakhs

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..... Central Excise Exemption of 150 Lakhs
Query (Issue) Started By: - sachin shilamkar Dated:- 26-8-2016 Last Reply Date:- 27-8-2016 Central Excise
Got 3 Replies
Central Excise
We are importe .....

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..... r of essential oil and registered with excise as dealer. Our annual turnover is 50 Cr from trading business. Now we want to get into manufacturing so we want to know can we avail the excise exemption .....

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..... of ₹ 1.50 Cr given to manufacturer who are SSI Units (Our investment in machinery is less than 1 Cr ). Reply By MUKUND THAKKAR: The Reply: yes, you are eligible for getting the exemption of 1 .....

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..... .50cr as a manufacturer .Trading is the different activity . Turn over of the trading activity is not considering in your manufacturing exemption limit. Reply By KASTURI SETHI: The Reply: I endorse .....

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..... the views of Sh.Mukund Thakkar, Sir. Reply By CS SANJAY MALHOTRA: The Reply: I too endorse views of Sh. Mukund / Sh. Kastur ji.
Discussion Forum - Knowledge Sharing .....

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