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excise on garments

Central Excise - Started By: - satbir singh wahi - Dated:- 5-3-2016 Last Replied Date:- 8-3-2016 - SirExcise on garment unitFinancial Year 2014-15 Domestic sale Rs. 190 Lacs other than export of 1600 Lacs- Total ₹ 1790 LacsFinancial Year 2015-1 .....

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ed by SSI Notification: - 1. Chapter 57: -Carpets and textile floor coverings. 2. Chapter 61: - Articles of apparel and clothing accessories, knitted or crocheted. 3. Chapter 62: - Articles of apparel and clothing accessories, not knitted or crochete .....

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ir singh wahi - The Reply = Sir Covered by Chapter 61 and 62 - Reply By Rajagopalan Ranganathan - The Reply = Sir, Under SSI Notification No. 08/2003-CE dated 01.03.2003 excisable goods cleared for home consumption up to the value of ₹ 150 lakh .....

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able from the beginning of the next financial year. For calculating the limits of ₹ 150 lakhs and ₹ 400 lakhs value export clearance need not be taken into account. If export is made to Bhutan it is to be included in the value of goods cl .....

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So need to take registration from 01.03.2016 and pay duty on Goods having RSP above 1000 - Reply By Rajagopalan Ranganathan - The Reply = Sir,For the Financial year 2014-15 you have to pay duty on ₹ 40 lakhs which is in excess of ₹ 150 la .....

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