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Issue ID: 5374
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change in turnover limit of ssi units.

Date 03 Mar 2013
Replies 1 Reply
Views 8319 Views
Asked by
Turnover limit for SSI exemption unchanged in Budget; existing eligibility threshold continues to apply to small industries.
Budget 2013-14 did not alter the turnover threshold applicable to Small Scale Industry units claiming the specified exemption; the existing eligibility criterion tied to a prescribed turnover ceiling remains unchanged and should continue to be applied by taxpayers until any express legislative amendment revises it. (AI Summary)

Respected Sir,

                          According to the budget 2013-14 is there any change in the turnover limit for the SSI units who r taking exemption of Rs.1.5 crore. Please let me know as soon as possible.

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