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.
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