EASYOFFICE
EASYOFFICE

Registration for central excise

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 July 2012 hello,

I need some guidence with regard to central excise.I am trader of curtans, bedsheet,towel pillow cover etc.Now i got an order from one of the company for curtains, bed sheets, pillow cover along with pillow. i am going to give ready made packing along with brand name and logo of that respective co.(means packet will be ready to sell in retial shop under that respective co.name) who is going to sell it in retail market. say e.g.xyz co.I am registered with MVAT. My query is whether these articles is attracting excise duty or not. if yes what will be a rate. and last but not the least does it require to take excise registration? what is treshhold limit or exemption limit till which i dont have to take registration.

pls do revert

29 July 2012 excise duty will be payable on branded readymade garments and duty is @ 12.36%. SSI Industries which are exempted from central excise duty on account of their turnover below 1.5 crore. Exemption is not available if other brand name goods. After exemption if goods will be cleared on the basis of MRP then duty will be payable 30% of the MRP value.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries