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What is the status of excise duty on branded readymade garme

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 October 2015 Dear All
Please tell me what is the status of excise duty on branded readymade garments (like abatement,Duty rate ect.)
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
30 October 2015 The excise duty is exempt from branded garments.
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Querist : Anonymous

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Querist : Anonymous (Querist)
30 October 2015 but as per excise Chapter 60, 61-62 tax rate is 12.5% and abatement 70%
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
30 October 2015 Yes, Abatement was 70% on branded RMG.
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Querist : Anonymous

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Querist : Anonymous (Querist)
30 October 2015 If abatement was 70% on Readymade garment (Barnded)and Tax Rate 12.5% as excise chapter 60/61/62

sir
why are you saying this is exempt

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