Central Excise – One More Complicated Return - Annual Installed/Production Capacity
The next month is going to be a busy one if you are an excise assessee, especially a small one. You are required to file a Statement by 31st October 2008 giving details of your production capacity for each of your excisable products and details of your plant and machinery with make, model etc, apart from details about your power connections and captive power plants. This information has to be given every year by 30th April and whenever there is a change.
A new Rule 12(2A) has been inserted into the Central Excise Rules.
Notification NO. and Notification NO. , Dated: September 29, 2008