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  1. Indirect Tax
  2. Excise
  3. SSI

Amount Exempt

Last updated at May 29, 2018 by Teachoo

Aggregate value of clearances in current year upto 150 lacs is exempt

Hence in simple language,

If turnover is upto 400 lacs in previous year

 

then

Exempt upto 150 lacs in current year

  • Next: Availability of CENVAT Credit→
  1. Indirect Tax
  2. Excise
  3. SSI

    Who are SSI

    Eligible Goods For SSI Exemption

    Amount Exempt You are here

    Availability of CENVAT Credit

    When is SSI Exemption not available

    How to calculate 150 lacs limits

    Excise Procedures →
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SSI

Who are SSI

Eligible Goods For SSI Exemption

Amount Exempt You are here

Availability of CENVAT Credit

When is SSI Exemption not available

How to calculate 150 lacs limits

Excise Procedures →
Indirect Tax
Excise
  • Introduction
  • Basic Concepts
  • Duty Payable Cases
  • Classification
  • Valuation
  • SSI
  • Excise Procedures

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 10 years. He also provides Accounts Tax GST Training in Delhi and Pune.
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