Ssi exemption query

Whether it has crossed 150 lakhs of value of clearances ( not turnover) in which exports, trading ++  would be exlcuded. Job work nopt under any notification done which involves manufacture would include the cost of raw material supplied free of cost. ,

If exceeded then they need to register and for 2016-17 again claim the 150 lakhs exemption if felt necessary. As there are many related issues, it is ideal to read some good commentary for more information. See SSI chapter in central excise made simple - free download at hiregangeacademy.com 

if the value of clearance is not exceeded 4.5 CR in the previous FY, then SSI exemption would be available for Current FY. For the purpose please submit option letter to your jurisdictional superintendnet.

regards

js chauhan

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