SSI EXEMPTION LIMIT

This query is : Resolved 

29 September 2008 WHETHER SSI EXEMPTION LIMIT RS. 1.50 CRORES INCLUDES SALES RETURNS/REJECTIONS. EXCIE PEOPLE VISITED TO MY CLIENT INDUSTRY IS NOT AGREEABLE FOR INCLUSION OF RETURNS. THEY SAY THAT ACTUAL CLEARANCE TO BE CALCULATED. WHAT IS THE CORRECT STATUS. PL. ANYBODY CLARIFY ME.

THANK YOU

29 September 2008 duty is exempt for first clearences of the value upto 150 lakh.



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