Dear sir
Our investment(plant & machinery) is less than 10crore. Is it possible to take the SSI certificate?
We have SIA already. ( we got the license in 2007)
Could you please compare benefits between SSI & SIA?
If SSI is more beneficial for us, we want to cancel SIA and apply for SSI .
We are manufacturer and have a plan to sell to local india.
First i want to know what excise exemption is.
Will be appreciated ur kind and detail reply.
Individual with SIA License Seeks Comparison of Benefits with SSI Certificate for Manufacturing Business; Clarification on Excise Exemptions Needed. An individual inquired about obtaining an SSI certificate for their manufacturing business, which has an investment in plant and machinery under 10 crore. They already possess an SIA license obtained in 2007 and are considering switching to SSI if it offers more benefits. They seek a comparison of benefits between SSI and SIA and clarification on excise exemptions. A respondent clarified that excise exemption for SSI is determined by turnover value, not the value of plant and machinery. (AI Summary)
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