Registration - Manufacturing company

[Sumit Tawari]

If turnover of manufacturing co. is above Rs. 40 lacs. then is it compulsury to register with excise

[Vijay Chitte]

No, If manufactures having annual turn over exceeding Rs.40 lakhs will now have to file a simple annual declaration (Annexure-1) and need not get themself registration from CE, You may refer Notification 14/2005-CE (N.T.) Amended Notification no 36/2001-Central Excise (N.T.) dated 26-06-2001, for your better implication. Vijay Chitte-Claris.

AI Summary

Registration exemption: manufacturers above the prescribed turnover must file an annual declaration instead of central excise registration.
Manufacturers exceeding the prescribed turnover threshold are not required to obtain central excise registration; instead they must file a simple annual declaration (Annexure-1) as prescribed by the amending notification, thereby meeting central excise compliance obligations in lieu of registration.