SSI exemption restriction: monetary threshold now excludes manufacturers whose home-consumption clearances exceed the set limit. The notification substitutes paragraph 3 to provide that the SSI exemption does not apply where the aggregate value of clearances of all excisable goods for home consumption by a manufacturer (from one or more factories), or from any factory by one or more manufacturers, exceeded rupees two hundred lakhs in the preceding financial year; additionally, the third proviso to paragraph 4 is omitted.
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Provisions expressly mentioned in the judgment/order text.
SSI exemption restriction: monetary threshold now excludes manufacturers whose home-consumption clearances exceed the set limit.
The notification substitutes paragraph 3 to provide that the SSI exemption does not apply where the aggregate value of clearances of all excisable goods for home consumption by a manufacturer (from one or more factories), or from any factory by one or more manufacturers, exceeded rupees two hundred lakhs in the preceding financial year; additionally, the third proviso to paragraph 4 is omitted.
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