Small scale manufacturers to file declaration

By Staff
|
Google Oneindia News

Chennai, Aug 8 (UNI) The small-scale manufacturers of specified excisable goods, whose turnover was less than Rs 1.5 crore have to file declaration, even though they were exempted from payment of excise duty and obtaining exicise registration.

A release from the office of the Commissioner of Central Excise said, as per the notification no 36/2001 CE (NT), all such units manufacturing either exempted goods or availing small scale exemption with a turnover of Rs 90 lakh (but less than Rs 1.5 crore), must file a simple declaration every year mentioning the details of turnover and the description of goods manufactured.

Those who had not filed the declaration for this year should file the decleration with the jurisdictional Central Excise Officer, the release added.

UNI

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