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 eligibility: exempted clearances count toward turnover, affecting threshold benefits and status loss timing.
Goods exempted by statutory notification must be included in computing previous year turnover for SSI eligibility, whereas non excisable goods are excluded. A new manufacturer with nil prior year excisable turnover may claim the first clearance threshold exemption on initial clearances even if current year turnover later exceeds the SSI ceiling; loss of SSI status occurs from the date turnover crosses the ceiling, but previously availed first clearance concession need not be repaid.