Excise duty in readymade garments:
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 November 2011
IN A CONCERN THAT’S NATURE OF BUSINESS IS MANUFACTURING AND TRADING IN READYMADE GARMENTS AS THE FINANCE ACT 2011 READYMADE GARMENTS HAVE TO PAY EXCISE DUTY 1.50 CRORE IS THE BASIC EXEMPTION.
THE CONCERN ALSO WHOLESALE IN READYMADE GARMENTS AND ALSO MANUFACTURING.
THE WHOLESALE PART ALSO BE ELIGIBLE FOR EXCISE DUTY OR NOT.
OR
THE WHOLESALE AND MANFUFACTURING BOTH PART IS ELIGIBLE FOR EXCISE DUTY.
THANKING YOU,
THE CONCERN ALSO WHOLESALE IN READYMADE GARMENTS AND ALSO MANUFACTURING.
THE WHOLESALE PART ALSO BE ELIGIBLE FOR EXCISE DUTY OR NOT.
OR
THE WHOLESALE AND MANFUFACTURING BOTH PART IS ELIGIBLE FOR EXCISE DUTY.
THANKING YOU,
RAMESH KUMAR VERMA
(Expert)
21 November 2011
EXCISE DUTY IS APPLICABLE : 10%
LINK ARE:
https://www.caclubindia.com/share_files/excise-duty-on-readymade-garments-40192.asp
https://www.caclubindia.com/articles/central-excise-duty-assessment-on-ready-made-garments-8943.asp
LINK ARE:
https://www.caclubindia.com/share_files/excise-duty-on-readymade-garments-40192.asp
https://www.caclubindia.com/articles/central-excise-duty-assessment-on-ready-made-garments-8943.asp
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