Garment manufacturer
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 December 2011
My Client is a Garment Manufacturer. and he sells it under his own Brand Name. He holds SSI registration. I want to know that as far as intimation is concerned what would be his limit to give intimation to excise department.? Would the Aggregate Turnover be calculated after giving rebate of 55% or it would b without any such calculation... TOtally Confused.. Kindly help me.. As per law it says Aggregate of Tariff value.. nd tariff value means after deducting Rebate.. Please Help me Out...
29 December 2011
The Aggregate Turnover calculated after taking rebate of 55%,
First intimation send to excise office when sale crosses 90 Lakh
and second intimation send to excise office when you cross the limit of 1.5 crore and start removal after paying of duty
for this calculation simply 45% value of total sale consider.
First intimation send to excise office when sale crosses 90 Lakh
and second intimation send to excise office when you cross the limit of 1.5 crore and start removal after paying of duty
for this calculation simply 45% value of total sale consider.
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