30 November 2012
we are dealing in Tshirts, Please let me know what is the T.O limit for charging Excise duty in our invoices. Please reply back immediately, Matter Most Urgent.
01 December 2012
Upto the turnover of 1.5cr is exempt from excise duty. After exemption limit you will pay the excise duty. If you have to clear the goods on MRP based then after abatement value will be count for SSI exemption.