https://www.taxtmi.com/forum/issue?id=111746 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. en-us Fri, 07 Apr 2017 00:21:36 +0530 Thu, 23 Jan 2025 15:55:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111746 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. Discussion-Forum Central Excise Fri, 07 Apr 2017 00:21:36 +0530 https://www.taxtmi.com/forum/issue?id=111746