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    <title>excise on garments</title>
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    <description>For garments classified under apparel chapters, SSI Notification No. 08/2003-CE provides a nil-rate exemption for domestic clearances up to prescribed value thresholds, a higher threshold band where normal duty applies on the excess, and a tipping point that, if exceeded in a previous year, makes normal duty payable from the start of the next year. Export turnover (other than sales to Bhutan) is excluded when calculating these domestic thresholds. Exceeding the thresholds obliges excise registration and payment of normal duty on the excess value.</description>
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      <link>https://www.taxtmi.com/forum/issue?id=109988</link>
      <description>For garments classified under apparel chapters, SSI Notification No. 08/2003-CE provides a nil-rate exemption for domestic clearances up to prescribed value thresholds, a higher threshold band where normal duty applies on the excess, and a tipping point that, if exceeded in a previous year, makes normal duty payable from the start of the next year. Export turnover (other than sales to Bhutan) is excluded when calculating these domestic thresholds. Exceeding the thresholds obliges excise registration and payment of normal duty on the excess value.</description>
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      <law>Central Excise</law>
      <pubDate>Sat, 05 Mar 2016 10:24:53 +0530</pubDate>
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