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        News and Press Release

        Budget 2007 – Central Excise - Small Scale Industries:

        February 28, 2007

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        Exemption limit under the SSI scheme has been increased from Rs 1 crore to Rs.1.5 crore.  This will be effective from 1.4.2007.

        SSI exemption limit raised, expanding central excise relief for small scale industries effective from April. The SSI exemption limit under central excise has been raised, expanding the turnover threshold qualifying small scale industrial undertakings for exemption under the SSI scheme, and the amended threshold applies prospectively from the stated implementation date.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                SSI exemption limit raised, expanding central excise relief for small scale industries effective from April.

                                The SSI exemption limit under central excise has been raised, expanding the turnover threshold qualifying small scale industrial undertakings for exemption under the SSI scheme, and the amended threshold applies prospectively from the stated implementation date.


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