Notiofication 8/2003 and 1/2011

This query is : Resolved 

27 July 2015 Can both be availed at same time? for example if my PY turnover is less than 400 lakhs and this year turnover is 160 lakhs , then I have to pay 1% (160-150)? Please suggest any decided case law in this context. Urgent

28 July 2015 You can avail the SSI exemption upto 1.5cr when your turnover is below 4cr in the preceding financial year.

30 July 2015 But my question is After availing the exemption under 8/2003 can i get the benefit of Notification 1/2011 by paying ED @ 2% on turnover above 150 lacs.

I have got many articles allowing the same but i need the name of any assesee and commisioner who allowed the same.

30 July 2015 But my question is After availing the exemption under 8/2003 can i get the benefit of Notification 1/2011 by paying ED @ 2% on turnover above 150 lacs.

I have got many articles allowing the same but i need the name of any assesee and commisioner who allowed the same.

30 July 2015 Exempted small units, having turnover below Rs. 150 lakhs, which are exempt from duty, are also exempt from provisions of registering their unit with excise authorities even if the products are fall under the notification no. 1/2011 by paying excise duty 2%.

04 August 2015 Is there any assessee or any commissioner ( with name and jurisdiction alongwith date ) who has allowed Notification 8/2003 upto 150 lacs and Notification 1/2011 above 150 Lakhs?

Plz tell me the name

04 August 2015 My question is still pending

15 September 2015 You should consult with any professional.


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