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,

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
Follow

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

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now