As per Budget 2016 readymade garments industry to face 2% excise levy. We have 2 factories & 1 warehouse and exclusive 30 retail outlets of our own. 1. Whether required take Excise registration for only 2 factories? 2. Goods transferred from factory to warehouse and from warehouse to retail outlets. Whether all retail outlets to be registered, as sale will be from retail outlets. 3. Excise duty to be paid after goods removed from Factory to Warehouse or after removed from Warehouse to Retail outlets or after sales from Retail outlets.
Please help to me solve above queries. Thanks in advance.
03 April 2016
You need to registered with central excise only one unit. If you want to details about your product then visit my profile and contact with.
CAclubindia
