This notification fixes tariff value in respect of articles of apparel, not knitted or crocheted, all sorts, falling under sub-heading No. 6201.00 of the First Schedule to the Central Excise Tariff Act, 1985 - 020/2001 - Central Excise - Non Tariff

Government Sets Tariff Value for Apparel at 60% of Retail Price Under Central Excise Act, Effective May 1, 2001.

The notification issued on April 30, 2001, by the Central Government under the Central Excise Act, 1944, establishes the tariff value for articles of apparel and clothing accessories, whether knitted or crocheted, under Chapters 61, 62, and 63 of the Central Excise Tariff Act, 1985. The tariff value is set at 60% of the retail sale price declared on retail packages as per the Legal Metrology Act, 2009. If goods are sold without a retail sale price, the transaction value is deemed the tariff value. This notification takes effect on May 1, 2001.