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Ssi exemption

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(Querist)
25 August 2011 is ssi exemption compulsory?
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
25 August 2011 not compulsory.
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CA. Anoop Gadia

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CA. Anoop Gadia (Expert)
25 August 2011 SSI exemption not compulsory but if you are not availing than you should file return.

so it is better to opt SSI exemption
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U S Sharma

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U S Sharma (Expert)
31 August 2011 SSI exemption is an option to be availed by manufacturer before 1st invoice in every financial year.

under SSI he is not eligible for input credit. ( except capital goods)
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