SSI Exemption Limit for Jewellery

Last updated at April 16, 2024 by

Normal SSI Exemption Limit is

1.5 Crores in Previous Year

If turnover is upto 400 lacs in previous year
then
Exempt upto 150 lacs in current year

Turnover here means Aggregate Domestic Clearances

However for SSI which is a Manufacturer of Jewellery

Limit is

If turnover is upto 1200 lacs in previous year then
Exempt upto 600 lacs in current year

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.