availing the 8/2003 c.e.

[Akhilesh Chhaparwal]

Dear sir,

we are ssi refractory unit .

We are availing thenotification, no. 8/2003 CE. Is our sale is Exempted upto 150 lacs in f.y.2010-11? 

[Radha Arun]

Ceramic tiles are not eligible to exemption under 8/2003-CE.

Other refractory items are exemptd upto 150 lakhs in the current financial year, provided the turnover was within 4 crores in the previous financial year.

AI Summary

Exemption under notification 8/2003-CE: refractory items qualify subject to prior-year turnover limits; ceramic tiles excluded.
Refractory items (excluding ceramic tiles) are eligible for exemption under Notification 8/2003-CE for the relevant financial year provided the supplier is an SSI and the previous financial year turnover did not exceed the prescribed threshold.