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

Excise duty periodicity for small scale industrial units remains quarterly; referenced notification is not applicable, as clarified.
SSI units continue to discharge excise duty on a quarterly basis; there is no change to the payment periodicity from the cited budget measures and the notification referenced by the inquirer is not applicable to alter this quarterly payment obligation.