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Issue ID: 108174
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EXEMPTION FOR SMALL SALE INDUSTRIES limit

Date 02 Mar 2015
Replies1 Reply
Views 1311 Views
Asked by
Exemption limit for small scale industries remains unchanged in Budget 2015, preserving the existing exemption threshold.
A taxpayer queried whether the small scale industry exemption limit had been changed; the operative reply states that no change was proposed in Budget 2015 and that the existing exemption threshold remains unchanged. (AI Summary)

Dear Sir,

Please Let us know if there is any change in the limit for exemption of Small Scale Industries which was previous Rs.Four hundred Lakhs w.e.f. April 2005.

Regards

Seby

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Replied on Mar 2, 2015
1.

Sir,

No change is proposed in Budget 2015 regarding SSI limit of ₹ 400 lakhs.

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