Large Tax Payers (LTP):

The eligibility criteria for a person to be enitled to be a LTP are

1. He is a manufacturer of exisable goods or provider of taxable services, and
2. He is presently assessed under income Act and holds a PAN , and

• He has one or more registered premises under the Central excise Act 1944 or the chapter V of Finance Act 1944 , and

1. He has paiod during the financial year preceeding the year in which application is made duties of excise of more than Rs 5 crore in cash or through account current or service tax of more than Rs 5 crore in cash or in account current ior advance income tax of more than Rs 10crore