It is a requirement of the section 7(b)(3) exemption that the annual
gross volume of sales of the enterprise must be less than $1 million
exclusive of excise taxes. This dollar volume test is separate and
distinct from the $250,000 annual gross volume (of sales made or
business done) test in section 3(s)(1) of
the Act. This latter test is for the purpose of determining coverage as
an enterprise engaged in commerce or in the production of goods for
commerce; whereas the $1 million test is for limiting the 7(b)(3)
exemption to enterprises with annual sales of less than that amount.