Ssi exemption


This query is : Resolved 

(Querist)
25 August 2011 is ssi exemption compulsory?

25 August 2011 not compulsory.

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

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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