https://www.taxtmi.com/forum/issue?id=2857 Innerwear branded textile products attract the same central excise levy as other branded ready made garments. Small scale industry exemption is available subject to an annual turnover ceiling of 1.5 crores, with eligibility assessed on the turnover for the whole year; if turnover up to February 2011 is below the threshold, the exemption can be availed for the remaining portion of the annual limit. en-us Thu, 03 Mar 2011 16:52:49 +0530 Thu, 23 Jan 2025 15:58:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2857 Innerwear branded textile products attract the same central excise levy as other branded ready made garments. Small scale industry exemption is available subject to an annual turnover ceiling of 1.5 crores, with eligibility assessed on the turnover for the whole year; if turnover up to February 2011 is below the threshold, the exemption can be availed for the remaining portion of the annual limit. Discussion-Forum Central Excise Thu, 03 Mar 2011 16:52:49 +0530 https://www.taxtmi.com/forum/issue?id=2857