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Rate of Central Excise Duty on concrete bricks/blocks.
27-Jan-2023 (In Customs & Central Excise Law)
(1) we are SSI unit and crossed 1.5 Cr sale value, do we need to apply C.Ex duty now on basic amount?, what is the rate of duty? (2) do we need to intimate the excise department about this? (3) we have been running industry since 2007, but first time crossed 1.5 CR sale value, we have applied for excise registration online (4) what other mandatory records are to be maintained? Please advise clearly.
1. Yes you need to intimate the central excise range officer.
2. Rate of duty is in accordance with the central excise tariff act. According to the product which is being manufactured by the company.
3. Correct, that is a requirement which you need to comply with.
4. How many workers, how many machines, their capacity, number of workers, in flow of raw materials , etc
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Adv. Siddhant Sharma
Delhi | 200+ Answers
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