1. Indirect Tax
  2. Excise
  3. SSI
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Amount Exempt

Last updated at Dec. 13, 2024 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

  1. Indirect Tax
  2. Excise

    3. SSI

    Excise Procedures →
Excise Procedures →
Indirect Tax
Excise

About the Author

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.