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Q We are enjoying Central Excise holiday till 2020 in HP. What changes will happen post GST
as per HP Govt last permissible regn was till 2010 which enjoyed benefits till 2020. will there be any benefits continued or withdrawn & to what quantum n introduction of GST from July
User in: Delhi NCR, Posted on:2017-04-15
A Under GST, the council has decided that units enjoying benefit of exemption will pay gst but will get refund subsequently by the state. full answer
Answered by: Raman Khatuwala (8 years ago) -
1  396 views
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Excise
Q I am a manufacturer of stainless steel & utensils.My turnover is less then 1.5 crores in the current year and less then 4 crores in the previous year.Can I claim SSI exemption in the current year?
User in: Delhi, Delhi, Posted on:2015-10-10
A The scheme is currently applicable on stainless steel patta/patties and aluminium circles.These articles are not available for SSI exemption. full answer
Answered by: BankerBhai (10 years ago) -
1  359 views
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Excise
Q If a buyer is not a consignee can he take cenvat credit?
User in: Delhi, Delhi, Posted on:2015-05-10
A Buyer or consignee any one can take cenvat credit of input. full answer
Answered by: BankerBhai (10 years ago) -
1  390 views
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Excise
Q I am thinking of starting a jeweler business can anybody tell me the percentage of excise duty charged on manufacturing of gold and silver jeweler? Also tell me about the exemption limit for registration?
User in: Delhi, Delhi, Posted on:2015-06-23
A Excise duty is applied at 12.5% on the jeweler items and the SSI exemption will be available upto 1.5 crores full answer
Answered by: BankerBhai (10 years ago) -
1  349 views
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Excise
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