one of my client dealing in printing business of corrugated boxes, for the last few year he print plain corrugated boxes now he print the name also the their client, and now i heard an amendment that on the printing names and any matter on the corrugated boxes is under the excise net. on the plain corrugated boxes there is no excise and also SSI exemption is also available on the First 1.5 crore turnover. please clerifty that whether the assessee is liable to pay the excise on the printed corrugated boxes with starting the turnover or he can get the exemption of SSI upto rs. 1.5 crore.
CAclubindia
