Branded textile product, Central Excise

[Prasad M.B]

Is any exemption for Innerwear products?

Is any exemption for SSI?

Is the sale amount is taxable before 1st March 2011?

 

Posts / Replies

[Surender Gupta]

Inner wear products are subject to same levy as other branded ready made garments.

SSI exemption is available up to 1.5 crores.

Turnover of the whole year is to be seen. IF up to Feb 2011, turnover is below 1.5 crores, exemption can be availed for the remaining limit.