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.

AI Summary

Eligibility Criteria for SSI Duty Exemption: Registration and Investment Limits Explained for Turnovers Up to 1.5 Crore A query was raised regarding the eligibility criteria for availing the Small Scale Industry (SSI) exemption from duty payment for turnovers up to 1.5 crore. The response clarified that to qualify for the SSI exemption, a unit must be registered as an SSI with the Director of Industries of the respective State Government. Additionally, the unit should have an investment in plant and machinery of less than 10 million.