Is there any exemption of central excise duty for Small Scale Industries?
The Small Scale Units, which manufacture the goods specified in the relevant exemption notifications and fulfill the conditions therein, are exempt from payment of duty excise till their aggregate clearances do not exceed Rs. 1 Crore in a financial year. The small-scale units, whose clearances in the previous financial year exceeded the limit of Rs.3 Crore including the value of exempted goods but excluding exports, are not entitled to such exemption. However, the small scale units which are availing CENVAT credit are required to pay only 60% of the prescribed duty till their clearances reach Rs.1 Crore. Is separate central excise registration required by 100% EOU? No separate registration is required by EOUs. The licence granted by the jurisdictional Custom Officer under Section 58 of the Customs Act is sufficient. *** We are French Company looking to organize an exhibition of environment pollution control devices in ITPO premises in New Delhi. We would like to know the procedure for
