https://www.taxtmi.com/notifications?id=1070 A small scale manufacturer exemption effective 1 April 1997 establishes tiered duty treatment for first clearances in a financial year-nil up to thirty lakhs, three per cent on the next twenty lakhs, and five per cent on the next fifty lakhs-subject to aggregation rules, a three hundred lakh preceding-year eligibility ceiling, an irrevocable pre-clearance option to opt out, and restrictions on using input and capital goods duty credits where first clearances do not exceed one hundred lakhs; exclusions, brand-name limitations and an annexure of covered and excluded goods are specified. en-us Tue, 01 Apr 1997 00:00:00 +0530 Mon, 13 Jul 2009 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=1070 A small scale manufacturer exemption effective 1 April 1997 establishes tiered duty treatment for first clearances in a financial year-nil up to thirty lakhs, three per cent on the next twenty lakhs, and five per cent on the next fifty lakhs-subject to aggregation rules, a three hundred lakh preceding-year eligibility ceiling, an irrevocable pre-clearance option to opt out, and restrictions on using input and capital goods duty credits where first clearances do not exceed one hundred lakhs; exclusions, brand-name limitations and an annexure of covered and excluded goods are specified. Notifications Central Excise Tue, 01 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/notifications?id=1070