SSI LIMIT for Investment

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..... We are going for expansion, and after expansion our books will have over ₹ 10 Crore of Investment. We need to know if we are still an SSI. The investment structure is like : Land Building ₹ 5 Crores and Machinery over ₹ 11 Crores. Out of ₹ 11 Crores, ₹ 1.5 Crore is spares machine installation, but we have capitalized the same in our books. Now for SSI purpose we h .....

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..... ave made a seperate chart stating actual investment in plant machinery, which is ₹ 9.5 Crores. Please give your feedback, stating are we eligible to be an SSI unit. - Reply By YAGAY AND SUN - The Reply = Dear Ajit, You may still avail the benefits of SSI exemptions. Please also check the State Specific laws in this matter also. Regards, YAGAY and SUN (Managemen .....

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..... t, Business Indirect Tax Consultants) - Reply By kailash singhal - The Reply = NOW LIMIT OF RS 25 LACS FOR MICRO UNITS , RS 5 CRORE FOR SMALL UNITS AND RS 10 CRORES FOR MEDIUM SCALE UNITS FOR INVESTMENT IN PLANT AND MACHINERY AS PER MSMSE ACT 2006 . CERTAIN TYPE OF EXPENSES AND INVESTMENTS ARE NOT COVERED BY ELIGIBLE INVESTMENT NOTIFICATION WHICH IS ATTACHED TO MSME REG PART I/II REGARDS C .....

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..... A KC SINGHAL, SILVASSA - SSI LIMIT for Investment - Query Started By: - Ajit Gandhi Dated:- 5-8-2015 Other Topics - Got 2 Replies - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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