TaxTMI 
TaxTMI 
New Co, turnover expected to less than Rs 4 crore, what is the periodicity of return filing under Central Excise Act.
Filing of return
08 Sep 2008 
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SSI exemption affects return periodicity: eligible assessees may file quarterly, others must file monthly returns.
All assessees except those covered by the SSI exemption must file monthly returns. Assessees availing the SSI exemption who remain within the exemption limits may continue quarterly filing for the current year, but if the exemption threshold is exceeded they may continue quarterly filing for that year only and must file monthly returns thereafter. (AI Summary)
All assessees except those covered by the SSI exemption must file monthly returns. Assessees availing the SSI exemption who remain within the exemption limits may continue quarterly filing for the current year, but if the exemption threshold is exceeded they may continue quarterly filing for that year only and must file monthly returns thereafter. (AI Summary)