TaxTMI 
TaxTMI 
VALUE OF TRADED GOODS- WHETHER TO BE INCLUDED IN SSI LIMIT.
14 Dec 2014 
1 Reply 
3411 Views Asked by
Value of traded goods excluded from SSI turnover calculation, so only manufactured output counts for SSI eligibility.
Turnover from goods purchased for resale (traded or bought-out items) is not to be aggregated with the value of goods manufactured by an SSI unit when computing the SSI threshold; only the value of the assessee's manufactured output counts toward the SSI exemption limit, and traded goods sold under the same brand or alongside manufactured products are excluded from manufactured-goods turnover. (AI Summary)
Turnover from goods purchased for resale (traded or bought-out items) is not to be aggregated with the value of goods manufactured by an SSI unit when computing the SSI threshold; only the value of the assessee's manufactured output counts toward the SSI exemption limit, and traded goods sold under the same brand or alongside manufactured products are excluded from manufactured-goods turnover. (AI Summary)
DEAR EXPERTS. GOOD AFTERNOON. SIR, whether the value of traded goods (similar to own manufacturered goods) is to be included in the SSI threshold of Rs. 150 Lacs/400 Lacs. Please reply. Thanks and regards.