https://www.taxtmi.com/forum/issue?id=2905 Where a firm's taxable turnover in the preceding financial year exceeds the statutory upper limit, the SSI exemption is unavailable and duty must be paid on all taxable turnover in the current year. If the preceding-year taxable turnover does not exceed that upper limit, the SSI exemption applies for the current year and duty is payable only on current-year taxable turnover exceeding the SSI exemption threshold. en-us Fri, 18 Mar 2011 14:08:40 +0530 Thu, 23 Jan 2025 15:58:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2905 Where a firm's taxable turnover in the preceding financial year exceeds the statutory upper limit, the SSI exemption is unavailable and duty must be paid on all taxable turnover in the current year. If the preceding-year taxable turnover does not exceed that upper limit, the SSI exemption applies for the current year and duty is payable only on current-year taxable turnover exceeding the SSI exemption threshold. Discussion-Forum Central Excise Fri, 18 Mar 2011 14:08:40 +0530 https://www.taxtmi.com/forum/issue?id=2905