Clarification about Excise Registration.

[DHARMENDRA SINGH]

We have manufacturer & exporter of Cotton & Leather hand bags, fashion Accessories, made ups etc & having turn over up to 3 crore & also have SSI registration.

Please guide us we are eligble for excise registration or not.

AI Summary

Excise Registration Mandatory for Cotton and Leather Exporters if Local Turnover Exceeds Rs. 150 Lakhs Annually A manufacturer and exporter of cotton and leather goods with a turnover of up to 3 crore and SSI registration inquired about the need for excise registration. The response clarified that if their local turnover exceeds Rs. 150 lakhs in a financial year, excise registration is mandatory. They can opt for registration earlier, which allows for cenvat credit benefits, record maintenance, and excise duty payment. Turnover calculations exclude direct exports and supplies to EOU and SEZ.