24 August 2015
Greetings, Kindly clarify me on this : A Firm, being a manufacturer of Stainless steel & Utensils, Having Turnover of less than 1.5 Crores in Current Year & less than 4 Crores in Previous Year, be eligible to claim the SSI Exemption under Excise Act.
25 August 2015
The scheme is presently applicable to stainless steel pattas/patties and Aluminium circles. These articles are not eligible for SSI exemption.
CAclubindia
