Excise on Branded Garments - Definition of Brand Name
Excise duty at the rate of 10% shall now apply to ready-made garments and made-up articles of textiles falling under Chapters 61, 62 and 63 (heading nos.63.01 to 63.08) of the Central Excise Tariff except those falling under heading nos.63.09 and 63.10 when they bear or are sold under a brand name. Hence, Excise Duty @ 10% will be levied on Branded Garments
Query:
1. What is the definition of "BRAND NAME" ?
2. Whether it include Local Manufacturer selling its garments with a "LABEL" containing name of his firm ?
3. Whether it includes Garments sold with the LABEL of the buyer?