Comparative Review
Under erstwhile law, the threshold limit for registration under Central Excise was INR 150 lacs (this is optional), under service tax was INR 10 lacs and under many State VAT laws between INR 5 – 10 lacs
Comparative Review
Under erstwhile law, the threshold limit for registration under Central Excise was INR 150 lacs (this is optional), under service tax was INR 10 lacs and under many State VAT laws between INR 5 – 10 lacs