1. Indirect Tax
  2. Excise
  3. SSI

Amount Exempt

Last updated at May 29, 2018 by

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

  1. Indirect Tax
  2. Excise

    3. SSI

    Excise Procedures →
Indirect Tax
Excise

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 9 years. He also provides Accounts Tax GST Training in Delhi and Pune.