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Computation of clearances for ssi

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 August 2013 A Partnership firm is converted into a Pvt Ltd Company. Central Excise Registration of erstwhile firm was surrendered and new registration is taken.
Now, should we consider the clearances made in erstwhile firm for claiming the benefit of SSI notification or we get fresh limit of 150 Lakhs
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
04 August 2013 If partnership firm is converted into a pvt ltd company then ssi exemption will be not be available from starting.
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