https://www.taxtmi.com/forum/issue?id=2899 SSI exemption is determined by aggregate clearances in the preceding financial year; when exempt goods become dutiable, exemption for the month of change is assessed by reference to the earlier year and by dutiable goods turnover, excluding prior exempt clearances. If combined turnover exceeds the exemption limit, duty is payable on the excess, and the assessee must declare input stock as on the date the exemption limit is crossed to claim CENVAT on that stock. en-us Thu, 17 Mar 2011 10:54:08 +0530 Thu, 23 Jan 2025 15:58:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2899 SSI exemption is determined by aggregate clearances in the preceding financial year; when exempt goods become dutiable, exemption for the month of change is assessed by reference to the earlier year and by dutiable goods turnover, excluding prior exempt clearances. If combined turnover exceeds the exemption limit, duty is payable on the excess, and the assessee must declare input stock as on the date the exemption limit is crossed to claim CENVAT on that stock. Discussion-Forum Central Excise Thu, 17 Mar 2011 10:54:08 +0530 https://www.taxtmi.com/forum/issue?id=2899