https://www.taxtmi.com/forum/issue?id=4194 Crossing the turnover threshold terminates entitlement to the SSI exemption for the immediately following financial year, obliging the assessee to pay duty at full rates from the first day of that year under the relevant notification framework. If the assessee's turnover in the subsequent year falls below the threshold, exemption or concessional treatment under the notification framework can be restored for that later year; the notification also contemplates a lower-tier exemption ceiling for eligible small-scale production in the restored year. en-us Mon, 28 May 2012 12:07:17 +0530 Thu, 23 Jan 2025 15:58:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4194 Crossing the turnover threshold terminates entitlement to the SSI exemption for the immediately following financial year, obliging the assessee to pay duty at full rates from the first day of that year under the relevant notification framework. If the assessee's turnover in the subsequent year falls below the threshold, exemption or concessional treatment under the notification framework can be restored for that later year; the notification also contemplates a lower-tier exemption ceiling for eligible small-scale production in the restored year. Discussion-Forum Central Excise Mon, 28 May 2012 12:07:17 +0530 https://www.taxtmi.com/forum/issue?id=4194