Intimation_Excise for SSI

[varun arora]

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 financial year.

Thanks in advance.

AI Summary

SSI exemption compliance: annual intimation and turnover-based eligibility required to claim value-based excise relief.
Eligibility for the value-based excise exemption under Notification 08/2003 is determined by the preceding financial year's turnover and should be reassessed each financial year. One position advises annual intimation of the jurisdictional range with estimated quantity and value to claim the exemption, while another notes that if turnover falls within the threshold registration and separate intimation may be unnecessary. Continuing registration is also relevant to retain capital goods credit that may lapse on surrender.