Ssi exemption unde central excise

G.JAYAPRAKASH (Querist) 04 November 2011 This query is : Open
AN ASSESSEE CAN AVAIL THE SMALL SCALE EXEMPTION UPTO 1.5 CRORE VALUE OF GOODS PRODUCED OR MFD IN A FINANCIAL YEAR AND IT HAS TO BE AVAILED FROM THE BEGINING OF THE FINANCIAL YEAR.tHE SAME IS APPLICABLE FOR A MANUFACTURER FROM ONE OR MORE FACTORIES OR BY DIFFERENT MANUFACTIRERS FROM ONE FACTORY.tHE SAME CANNOT BE AVAILED OR DIS CONTINUED MID WAY IN A FINANCIAL YEAR . THIS IS AS PER MY UNDERSTANDING OF THE PROVISIONS.
G.JAYAPRAKASH
SUPERINTENDENT, CE

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