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(Querist)
17 March 2014 what is limit of sales for applicability of excise duty
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
18 March 2014 If the aggregate value of clearances in the previous year does not exceed Rs. 400 lakhs, then the assessee is a SSP in the current year.

Accordingly no excise duty will be levied on aggregate value of clearances up to Rs. 150 lakhs.
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