TaxTMI 
TaxTMI 
Whether trading and manufacturing can be done at the same through claiming exemption of 1.5 crore or 4 crore as per notification no. 08/2003 of central excise
ssi exemption
04 Jul 2016 
3 Replies 
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SSI exemption: trading permitted alongside manufacturing if separate records maintained and traded value excluded from valuation.
Central Excise law does not bar trading from the same premises as manufacturing for SSI exemption; the value of traded goods need not be included in calculating the exemption provided the assessee maintains separate records and books of account for trading and manufacturing so that traded goods are accounted distinctly. (AI Summary)
Central Excise law does not bar trading from the same premises as manufacturing for SSI exemption; the value of traded goods need not be included in calculating the exemption provided the assessee maintains separate records and books of account for trading and manufacturing so that traded goods are accounted distinctly. (AI Summary)