Dear All, We are into manufacturing of Ice Gel Packs which are mainly
used as temperature controllers in transportation of vaccines. We are
paying CST and VAT but we want to know whether we need to register
under Excise Department if we crosses 1.5 cr though we are below that
mark we want to know about it for future references. Please help me
Manufacturing Firm Queries Excise Registration for Ice Gel Packs as Turnover Exceeds INR 1.5 Crore; Considers SSI Exemption A manufacturing company producing Ice Gel Packs, used in vaccine transportation, inquired about the necessity of registering under the Excise Department if their turnover exceeds INR 1.5 crore. Currently paying CST and VAT, they seek future guidance on excise registration. A respondent advised that even before reaching the threshold, the company could apply for Central Excise Registration to pay duty on finished goods and benefit from CENVAT credit. They also mentioned that availing exemption as a Small Scale Industry (SSI) unit is an option. (AI Summary)
TaxTMI 
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