DOES THIS NOTIFICATION APPLIES TO GARMENT MANUFACTURERS. IF YES THEN WHAT WOULD BE DUTY RATE?
NOTIFICATION NO 34/2015
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Clarifying Excise Duty Rates for Garment Manufacturers and Grey Cotton Yarn under Notifications No. 34/2015 and 37/2015 A discussion on a forum regarding Notification No. 34/2015 concerning Central Excise raised questions about its applicability to garment manufacturers and the duty rate involved. One participant advised waiting for clarification from the Central Board of Excise and Customs (CBEC). Another query was about excise duty on grey cotton yarn. The discussion included a reference to Notification No. 37/2015, which amends a previous notification, clarifying that appropriate duty includes nil or concessional duty, with or without exemption notifications. The conversation aimed to clarify excise duty implications for specific industries. (AI Summary)
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