TaxTMI 
TaxTMI 
Cheers! - Benefit of SSI exemption in Central Excise extended to goods bearing the brand name or trade name of another person
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....heers! - Benefit of SSI exemption in Central Excise extended to goods bearing the brand name or trade name of another person <br>News and Press Release<br>Dated:- 1-9-2008<br><BR>Central Government ha....
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....s issued notification no. 47/2008 CE to amend the notification no. 8/2003 CE dated 1-3-2003 to allow small scale units to use the brand name or trade name of others. However, use of such brand name o....
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....r trade name is limited to packing materials. Now, the SSI units can avail the benefit of the exemption to goods bearing the brand name or trade name of another person if they are in the nature of pa....
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....cking materials, namely, printed cartons of paper or paper board, metal containers, HDPE woven sacks, adhesive tapes, stickers, PP caps, crown corks and metal labels. The amendment comes into effect....
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.... on the 1st of September, 2008 and shall be available for a turnover of these goods not exceeding Rs. 90 lakh in the remaining part of this financial year. In general an SSI unit is eligible to avail....
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.... the exemption for clearances up to Rs.1.5 crore in a financial year if the value of clearances did not exceed Rs.4 crore in the preceding financial year. Also see Ch. No. 07 - SSI Units - Basics ....
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....Ch. No. 07A - SSI Units - Calculation of Turnover Ch. No. 07B - SSI Units and Brand Name Ch. No. 07C - SSI Units and Job Work Ch. No. 07D - SSI Units and Export benefits<BR> News - Press release -....
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.... PIB....