DEAR EXPERTS
I M INTO MANUFACTURING BATHROOM FITTINGS UNDER BRAND.. FOR WHICH I HAVE GOT 'TM' NO.
70% OF MY TURNOVER IS EXPORT TO NEPAL. MY ANNUAL TURNOVER IS 1 CR.
WILL I BE UNDER EXCISE LENS?? IF I CROSS TURNOVER OF 2 CR WITH 70% EXPORT TO NEPAL.
WILL I CROSS EXCISE EXEMPTIONS?
ANY HELP FOR ME??
VIKASH
SSI exemption will be available to all assessee upto the 1.5cr, export turnover will not be count in SSI exemption.
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
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Bharat Shah & Associates
Mumbai
CA Inter
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CCI
Pro
CAclubindia
