06 March 2010
HELLO EVERYONE ONE OF OUR CLIENT IS PROPRIETOR OF 2 FACTORIES(same jurisdiction, registered under mvat) AND TURNOVER OF BOTH FACTORY IS LIKELY TO EXCEED THE SSI EXEMPTIN LIMIT.
TO AVOID THIS ONE OF MY FRIEND SUGGESTED TO MAKE HIS WIFE PROPRIETOR OF ONE FACTORY. I THIS PROPER WASY OF AVOIDING REGISTRATIN UNDER EXCISE.
CAclubindia
