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    <title>Computation of aggregate value of clearances for calculating the eligibility limit for availing Small Scale Industries Exemption Scheme for the financial year 2003-04</title>
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    <description>The circular clarifies that, for calculating the aggregate value of clearances of all excisable goods for home consumption in the preceding financial year to determine eligibility for the Small Scale Industry Exemption Scheme, the value of exempted goods (excluding exports) must be included; the change follows explanatory notes to the Finance Bill and implementing notifications, and operates from the stated effective date, with field formations instructed accordingly.</description>
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      <description>The circular clarifies that, for calculating the aggregate value of clearances of all excisable goods for home consumption in the preceding financial year to determine eligibility for the Small Scale Industry Exemption Scheme, the value of exempted goods (excluding exports) must be included; the change follows explanatory notes to the Finance Bill and implementing notifications, and operates from the stated effective date, with field formations instructed accordingly.</description>
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