https://www.taxtmi.com/article/detailed?id=1603 Excise duty applies to ready-made garments bearing or sold under a brand name, with valuation based on a notified tariff value derived from the retail sale price rather than manufacturing cost; retail sale price for this purpose includes taxes, freight, commissions and related charges. Non branded garments are exempt if no CENVAT credit is claimed, and manufacturers may opt for concessional duty rates with credit consequences. SSI eligibility is governed by turnover thresholds and clubbing rules, the SSI option is elective, job workers are exempt when the principal pays duty, and input services fitting the CENVAT rules may be credited against excise liability. en-us Tue, 21 Feb 2012 08:48:28 +0530 Tue, 21 Feb 2012 08:48:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1603 Excise duty applies to ready-made garments bearing or sold under a brand name, with valuation based on a notified tariff value derived from the retail sale price rather than manufacturing cost; retail sale price for this purpose includes taxes, freight, commissions and related charges. Non branded garments are exempt if no CENVAT credit is claimed, and manufacturers may opt for concessional duty rates with credit consequences. SSI eligibility is governed by turnover thresholds and clubbing rules, the SSI option is elective, job workers are exempt when the principal pays duty, and input services fitting the CENVAT rules may be credited against excise liability. Articles Central Excise Tue, 21 Feb 2012 08:48:28 +0530 https://www.taxtmi.com/article/detailed?id=1603