Eligibility : The units whose value of clearances computed in accordance of the notification does not exceed ` 400 lakh (4 crore) in the previous financial year are eligible for the […]
Excise - 6. page
Products covered under the SSI exemption notification
Products covered under the SSI exemption notification : The exemption to be given to SSIs is not applicable for all the goods. The benefit of the said notification is restricted to […]
Meaning of Small Scale Units
Meaning of Small Scale Units : Small Scale Units are not defined in the Central Excise Act 1944 or rules made thereunder. The Small Scale Unit is defined in Industries (Development […]
Introduction on Exemption Based on Value of Clearances (SSI)
Introduction on Exemption Based on Value of Clearances (SSI) : Small Scale Units (SSI) are given relief under the Central Excise Law by way of exemption notification. Notification No. 8/2003 dated 01.03.2003 provides […]
Provision of accommodation for the officer
Provision of accommodation for the officer: The exporter shall provide adequate office accommodation and furniture for the Officer deployed for examination and supervision, in the warehouse. Where the exporter is willing to […]
Waiver of physical warehousing in case of exigency
Waiver of physical warehousing in case of exigency: The officer- in-charge of the warehouse may permit waiver from physical warehousing (i.e. permitting export without physically storing the goods in the warehouse) where […]
Diversion of goods for home consumption
Diversion of goods for home consumption: Goods can be diverted for homeconsumption from the warehouse with the permission of the jurisdictional Deputy/Assistant Commissioner of Central Excise. The clearance shall be effected on […]
Clearance of goods for export outside India
Clearance of goods for export outside India: For the export of goods from the warehouse, the procedure relating to preparation of application for export (ARE.1), examination and sealing, acceptance of proof of […]
Goods supplied by a SSI unit exempted from registration
Goods supplied by a SSI unit exempted from registration: An SSI Unit exempted from registration under Rule 9 of the said rules will also prepare ARE-3 against CT-2 except that he will […]
Packing, re-packing, labelling or re-labelling within the warehouse
Packing, re-packing, labelling or re-labelling within the warehouse: The operations of packing, re-packing, labelling or re-labelling in relation to excisable goods received and stored in the warehouse are be governed by the […]