MANUFACTURING & TRADING TURNOVER IS CLUBED FOR SSI EXEMPTION

[Bipin Patel]

Manufacturing turn over is 130 Lakh + Pure trading turn over is 32 Lakh

​Weather it is calculated 162 Lakh for SSI Exemption Limit Crossed.

My unit is ssi unit ,Should I Have to Apply for Registration Right Now,

AI Summary

Turnover from trading not linked to manufacturing shouldn't be included in SSI exemption calculation per CCE vs. CMC Computers. A query was raised regarding whether the turnover from both manufacturing and trading should be combined to determine if the SSI exemption limit of 150 lakhs is exceeded. The manufacturing turnover is 130 lakhs, and the trading turnover is 32 lakhs. Two responses clarified that trading turnover, when not associated with manufacturing, should not be included in the excise turnover calculation for SSI exemption. This aligns with a legal precedent where the value of traded items was excluded from the SSI turnover calculation, as established in the CCE vs. CMC Computers case.