Excise exemption limit.
This query is : Resolved
27 August 2011
Dear Sir,
Pl. give me information on following :
(1) What is the General Exemption Limit of turnover for a SSI unit ? Under which notification, it is availed ?
(2) What is the General Exemption Limit of turnover for a NON-SSI unit ? Under which notification it is granted ?
thanks
anckoora
Pl. give me information on following :
(1) What is the General Exemption Limit of turnover for a SSI unit ? Under which notification, it is availed ?
(2) What is the General Exemption Limit of turnover for a NON-SSI unit ? Under which notification it is granted ?
thanks
anckoora
27 August 2011
1) 150 lacs / notification 8/2003 as amended
2) no notification , non ssi is liable to pay excise from start.
2) no notification , non ssi is liable to pay excise from start.
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