Eligiblity for SSI Exemptiom.

[Guest]

Dear All,

There is exemption from payment of Duty up to turnover of ₹ 1.5 Cr. for SSI unit. My question is what are the eligibility to have SSI exemption benefit.

[YAGAY andSUN]

Dear Salil,

You must be registered as SSI Unit. Small Scale and ancillary units (i.e. undertaking with investment in plant and machinery of less than ₹ 10 million) should seek registration with the Director of Industries of the concerned State Government.

Regards,

Team YAGAY and SUN

(Management and Indirect Tax Consultants)

AI Summary

SSI exemption eligibility requires registration and investment based classification to access turnover linked duty relief. To claim the turnover linked central excise exemption a unit must be registered as an SSI Unit; eligibility depends on classification as a small scale or ancillary undertaking determined by the investment in plant and machinery falling below the prescribed threshold, and registration is obtained from the Director of Industries of the concerned State Government.