"In case of a SSI unit under excise, benifit of SSI can be avaled in the next year if the turnover of the unit is below 4.00 Crores".
My question is whether this 4.00 crore limit is for one year or for more then one year?
Harish Arora (C A ) (65 Points)
13 June 2013"In case of a SSI unit under excise, benifit of SSI can be avaled in the next year if the turnover of the unit is below 4.00 Crores".
My question is whether this 4.00 crore limit is for one year or for more then one year?
CA Viswanadh
(Chartered Accountant)
(190 Points)
Replied 14 June 2013
This benefit will continue as long as your turnover does not cross Rs.4 crores.
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