Exempted and dutiable goods

[varun arora]

Dear experts

If one of client manufactures exempted goods and value is rs 8 crores and now he want to manufactures dutiable goods then benefit of 150 lakhs is available on dutiable goods or not means for the purpose of calculation of turnover of 150 lakhs whether clearances of exempted goods shall be clubbed or not

Thanks in advance.

AI Summary

SSI Exemption: Include Exempted Goods in Turnover Calculation for Eligibility, Except Non-Excisable Items, per Notification No. 08/2003. A client queries whether the turnover of exempted goods should be included when calculating the eligibility for a Small Scale Industry (SSI) exemption on dutiable goods under Central Excise law. Experts clarify that the SSI exemption, allowing a duty-free turnover of 1.50 crore, applies if the previous year's turnover does not exceed 4 crore. Exempted goods must be included in this turnover calculation unless they are non-excisable. If a manufacturer's turnover crosses 4 crore within a fiscal year, they lose SSI status from that point forward. The discussion emphasizes understanding the specific exemptions and conditions under Notification No. 08/2003.