kanavgupta 17 March 2015
Sir,
Please guide me if a SSI unit availing exemption on turnover and availing additonal benefit of manufacturing branded products and charging duty on these branded produces, can make any delays in payment of duties, are we liable to pay duty monthly or quarterly, and if in month of march either full or part payments can be delayed to April.
Kindly guide me on same asap.
Regards
KANAV
Arun Kumar Singh (Advocate) 20 September 2015
You can avail the SSI exemption for manufacturing of final product and for other brand name you can pay the excise duty. You need to pay excise duty monthly if you have paid the duty after due date then pay the duty along with interest.
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