DUTY LIABILITY OF SSI UNITS

[Mehul Pandya]

DEAR SIR,

AS PER THIS BUDGET, SMALL SCALE UNITS (SSI) UNIT HAVE TO PAY EXCISE DUTY ON MONTHLY BASIS OR QUARTERLY BASIS. I ALSO REFERRED NOTI. NO.19/2014 CE(NT) DTD. 11.07.14 BUT YET NOT CLEAR.

PL. GUIDE.

THANKS TO YOU

[Mahir S]

It is same i.e. on quarterly basis. No changes in the Budget on this aspect.

Noti. No. 19/2014 does not relate to this issue. Please do verify at your end.

[Mahir S]

Well, you were referring to Noti. No. 19/2004 (N.T.). This notification is not applicable in your case. Duty by SSI to be paid on quarterly basis only.

AI Summary

Small-Scale Industrial Units Must Pay Excise Duty Quarterly; Notification No. 19/2014 Not Relevant to Payment Schedule A user inquired about the excise duty payment schedule for small-scale industrial (SSI) units, questioning whether it should be monthly or quarterly, and referenced Notification No. 19/2014 CE(NT). Two replies clarified that there were no changes in the budget regarding this matter, and SSI units are required to pay excise duty on a quarterly basis. It was also noted that Notification No. 19/2014 does not pertain to this issue, and the user may have been referring to a different notification.