Register Excise In India

Register Excise

Excise duty can be seen as one of the major sources of financial aid for the Government. Excise duty is an indirect tax levied on products and goods by the Government. This tax is paid by the manufacturers, who finally recover this amount through customers. In order to pay this tax, manufacturers first have to register. All the registrations and further workings of the tax is governed by the Central Board of Excise and Customs under The Central Excise Act. The first thing before registration is to ensure that you fall in the category which is liable to this act. This category includes manufacturers of dutiable goods, dealers (first and second stage) and persons holding warehouses (used to store non-duty paid goods). Small scale industries (annual turnover of less than one crore) and manufacturers with a negligible rate of excise duty are exempted from this tax. This tax is collected by the Government at the time of dispatch of goods from the factory. Discussed below is how you can go through with Excise registration in India.

First of all, make sure you fall in the category of persons who are liable to this tax. Make sure your products fall under excisable goods. Major categories of excisable goods are:

Alcohol and Narcotics.

Live Animals and Animal Products.

Vegetable Products (including trees and plants).

Other Edible Products (including coffee and spices).

Products which are made out of Non-Renewable Sources.

After making sure that you are liable to the tax, proceed with the registration. You can go through online registration or offline registration. The registration can be done on the online web portal of the Central Board of Excise and Customs. Certain forms are to be filed that include general information of the applicant and his business. Certain documents are also required while filing for the registration. The documents include:

A copy of PAN Card of the company.

A copy of Ground plan.

List of Directors and/or Partners.

A copy of Memorandum of Association and Article of Association or Partnership deed.

A copy of PAN Card of Directors/Partners.

A copy of Address Proof of a factory.

A copy of Residence proof of Directors/Partners.

Company Registration certificate.

All these documents are filed along with the prescribed fees. Upon verification, a unique fifteen digit number (Excise Control Code) is produced. This number is a proof of successful Excise registration. A registration certificate is also obtained. The registration has a validity of lifetime until and unless it is suspended or revoked due to special circumstances. If Excise registration is ignored by the manufacturer it can make the manufacturer liable to a penalty.  Therefore, it is your duty to complete the Excise registration and fill in the tax on time.

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