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Excise duty applicability

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(Querist)
11 September 2014 Sir,
I want to know whether excise duty applicable on footwear(made with PVC) and price of footwear is less then 500.
and if there is applicability of excise duty then what is the limit of turn over.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
11 September 2014 price is not the consideration for determining that whther excise is applicable or not but if its a manufacture then yes its applicable since a new and distinct product is emerging out of it
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Mohit paliwal

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Mohit paliwal (Querist)
11 September 2014 Is this cover in any exemption
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Mohit paliwal

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Mohit paliwal (Querist)
11 September 2014 Is this cover in any exemption
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