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Branded textile product

Guest

Is any exemption for Innerwear products?

Is any exemption for SSI?

Is the sale amount is taxable before 1st March 2011?

 

Clarification on Central Excise Exemptions for Branded Innerwear: SSI Exemptions Apply for Turnovers Up to 1.5 Crores. A query was raised regarding the central excise exemptions applicable to branded textile products, specifically innerwear. It was clarified that innerwear products are taxed similarly to other branded garments. Small Scale Industry (SSI) exemptions are available for turnovers up to 1.5 crores. If the turnover by February 2011 was below this threshold, the exemption could be applied to the remaining limit. (AI Summary)
Central Excise
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