What is the duty liability of the seconds goods sold by ready made garment industry which is paying excise duty on MRP basis for branded goods.
Basis of valaution when the samples are sent in the case of branded readymade garments.
Duty liability for the scrap(chindis) sold by ready made garment manfuacturer and registered under central excise
Clarification on Excise Duty for Seconds, Sample Valuation, and Scrap in Ready-Made Garment Industry Under MRP Basis A query was raised regarding the duty liability on seconds goods sold by a ready-made garment industry that pays excise duty on an MRP basis for branded goods. The inquiry also covered the valuation basis for samples sent and the duty liability for scrap (chindis) sold by the manufacturer registered under central excise. A response indicated that a detailed clarification from the board is available to address these issues, suggesting that it may resolve the query. (AI Summary)