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Bhavya

28-May-2014 , 10:27:02 am

If you are sure you turn over does not exceed 1.5 Crore. then you are coverd under SSI unit and you also can have the Exemptions as SSI unit same time . you can't claim the Input credit as well. you can refer the General Exemtions http://www.cbec.gov.in/excise/cxt2012-13/cx-gen/cx-gen1.pdf