GARMENTS EXCISE UNDER 1.5 CRORE

[MUKESH KOTHARI]

 WILL MANUFACTURERS WITH BRAND LABEL HAVING SALE BELOW 1.5 CRORE HAS TO CUMPOLSARY REGISTER WITH EXCISE IF YES THEN WHY IF NO THEN HOW TO PREPARE THE BILL AND DELIVERY CHALLAANS.

[Surender Gupta]

If the sale if below Rs. 1.5 crores, the manufacture may submit a declaration in terms of notification no. 8/2003 - CE dated 1-3-2003.

For registration requirements, also see, notification no. 36/2001 CE(NT)

 

AI Summary

Manufacturers with sales under Rs. 1.5 crores can submit a declaration per notification 8/2003 - CE, no registration needed. A discussion on a forum addresses whether manufacturers with brand labels and sales below Rs. 1.5 crores must register for central excise. The response clarifies that if sales are under Rs. 1.5 crores, manufacturers can submit a declaration according to notification no. 8/2003 - CE dated 1-3-2003. For further registration details, notification no. 36/2001 CE(NT) should be consulted.