Please Help: Excise or Service
Posted Date : 25-Dec-2012 , 01:07:25 pm | Posted By: Mohan Rajan
Category :
Excise | Answers :
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Comments :
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I am running the manufacturing company. This current year 2012-2013 I am estimating sale in 1.25cr and 30laksh. I am applicable in central Excise or Service Tax |
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Answers:
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 Answer by: CA Satuti Mahajan |
| 1.25 cr and 30 lakhs means
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| Comments |
| Posted By : CA Priyank Singhi |
27-Dec-2012, 10:18:04 |
| Applicability of central excise or service tax would not depend on the quantum of sales. It would depend on whether you are manufacturing something or providing a service. In the current scenario it seems that you are manufacturing goods and hence would be liable under central excise. |
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