Check sibling questions

Normal SSI Exemption Limit is

1.5 Crores in Previous Year

If turnover is upto 400 lacs in previous year
then
Exempt upto 150 lacs in current year

Turnover here means Aggregate Domestic Clearances

However for SSI which is a Manufacturer of Jewellery

Limit is

If turnover is upto 1200 lacs in previous year then
Exempt upto 600 lacs in current year

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Davneet Singh

Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 12 years. He provides courses for Maths and Science at Teachoo.