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TMI BlogIntimation_Excise for SSIX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, After taking registration under Central Excise Assessee needs to intimate Juridictional Range online with estimated quantity and estimated value for availing exemption 08/2003 i.e. value based exemption But If assessee wants to take benefit of 1.5 cr(SSI) again in next year then in this case whether assesse needs to intimate in next financial year online or we can say in each ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... financial year. Thanks in advance. - Reply By KASTURI SETHI - The Reply = In each financial year. I hope you are aware that turnover of preceding financial year is to be taken into account for determination of eligibility as SSI unit for exemption from Central Excise duty under not.8/2003- CE. - Reply By Ganeshan Kalyani - The Reply = If turnover is within the threshold limit then no n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eed to get registration under central excise. And if taken then no need to separately intimate the department regarding the same. - Reply By Himansu Sha - The Reply = The registration is essential because they will have to retain the capital goods credit. If the registration is surrendered, then the balance capital goods credit (input credit lapses on availing ssi exemption) may not be retained ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . That's why people want to continue with the regn. - Intimation_Excise for SSI - Query Started By: - varun arora Dated:- 7-4-2017 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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