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of <h1>Clarification on SSI Exemption: Principal-to-Principal Basis Determines Manufacturer Status Under Notification No. 1/93-C.E.</h1> The circular addresses whether goods manufactured by a Small Scale Industry (SSI) using raw materials supplied by another entity qualify for exemption under Notification No. 1/93-C.E. It clarifies that if the relationship between the raw material supplier and the job worker is on a principal-to-principal basis, the job worker is considered the manufacturer and may qualify for the exemption. The determination of this relationship depends on factors like financial independence and operational control. The circular also emphasizes the need for clear definitions of 'raw material supplier' and 'job worker' to avoid legal ambiguities and ensure proper revenue collection.
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