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Ssi exemption

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(Querist)
17 August 2012 Dear Sir,
If a person in FY have clearance of 250 lakhs and in FY 2011-12 there is clearance of 300 lakhs then whether excise duty is payable?
Please explain provision of SSI exemption in detail if possible?

Thanks and Regards.
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U S Sharma

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U S Sharma (Expert)
17 August 2012 http://taxguru.in/excise-duty/excise-duty-based-exemption-scheme-small-scale-industries.html

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