Turnover calculation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 December 2012
my company i an SSI unit. we undertake both service & repair OF AUTOMOBILE works as well as fabrication of METAL garbage bins which is excisable item. Last year excisable goods turnover is 2crors and i paid ED for 50lakhs after availing SSI examption .but my non-excisable products(Service & repair) will be 2.5crors.totally my turnover is 4.5crorS. wheather my company is eligable for current year SSI EXAMPTION
Arun Kumar Singh
(Expert)
25 December 2012
Yes, you are eligible for SSI exemption. Non-excisable goods will not be considered for the purpose of SSI exemption.
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