MANUFACTURING & TRADING TURNOVER IS CLUBED FOR SSI EXEMPTION

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..... MANUFACTURING & TRADING TURNOVER IS CLUBED FOR SSI EXEMPTION
Query (Issue) Started By: - Bipin Patel Dated:- 21-2-2015 Last Reply Date:- 22-2-2015 Central Excise
Got 2 Replies
Central Excise .....

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Manufacturing turn over is 130 Lakh + Pure trading turn over is 32 Lakh ​Weather it is calculated 162 Lakh for SSI Exemption Limit Crossed. My unit is ssi unit ,Should I Have to Apply for .....

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..... Registration Right Now, Reply By Naveed S: The Reply: Sir, Trading done specifically without any manufacturing activity is not to be counted for excise turnover purpose. Reply By Pradeep Khatri: T .....

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..... he Reply: Dear Bipin, It is settled legal position that turnover of traded goods along with own manufactured goods would not be included in the turnover of SSI for calculation of limit of ₹ 15 .....

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..... 0 lakhs. In CCE vs. CMC Computers 2005 (182) ELT 20 (SC 3 member bench), it was held that value of traded items is not required to be added. In this case, bought out goods/items were supplied to buye .....

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..... r alongwith own manufactured goods on optional basis. This is for your kind information and records. YAGAY and SUN (Management, Business and Indirect Tax Consultants)
Discussion Forum - Knowled .....

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..... ge Sharing .....

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