19 June 2013
M/s Shree Ram Crop Science is manufacturing crop insecticides. Last year sales 1.3 crores In current financial year, the firm has undertaken sub contracting in which Shree Ram Crop Science will handle all manufacturing process including purchase of raw material. Only Final product with another person company name will be delivered to party. Shree Ram Crop Science is also manufacturing the same products under its own brand name.
Expected Sub contacting sales 1 crore Expected Co. own sales 1.5 crores Total 2.5 crores Please suggest whether company can avail benefit of 8/2003 notification for SSI units in respect of own sales and subcontracting