Changes in excise duty as per Indian Budget 2016-17 for apparel and clothing accessories, knitted, crocheted as per HS code 61

Customs duty tariff rate changes as per Indian Budget 2017-18


Central Excise Duty changes as per Indian Budget 2017-18


Service Tax rate tariff Changes under Indian Budget 2017-18



(Updating soon after Budget 2017-18 on 1st February,2017 under text format and pdf format)

Budget 2016-17 changes in customs import duty tariff,excise duty and service tax

Indian Union Budget 2016-2017, changes in import customs tax tariff, chapter wise

Indian Budget 2016-17, Excise duty tariff changes, chapter wise

Changes in Service Tax as per Budget 2016-17 

As per the indian budget 2016-17,

Basic Excise Duty of „2% (without CENVAT credit) or 12.5% (with CENVAT credit)? is being imposed on readymade garments and made up articles of textiles falling under Chapters 61, 62 and 63 (heading Nos. 6301 to 6308) of the Central Excise Tariff, except those falling under 6309 00 00 and 6310, of retail sale price (RSP) of Rs. 1000 and above when they bear or are sold under a brand name. This optional levy would apply to such readymade garments and made up articles of textiles regardless of the composition of the garment / made up article. However, in respect of readymade garments and made up articles of textiles other than those mentioned above, the optional levy of Nil (without CENVAT 25 credit) or 6% (with CENVAT credit) in case of garments / articles of cotton, not containing any other textile material and Nil (without CENVAT credit) or 12.5% (with CENVAT credit) in case of garments / made up articles of other composition, as the case may be, shall continue. S. No. 16 of Notification No. 30/2004-CE dated the 9th July, 2004 as amended by notification No. 15/2016-Central Excise dated the 1st March, 2016 and S. No. 7 of Notification No. 7/2012-Central Excise dated 17th March, 2012, as amended by notification No. 7/2016-Central Excise dated the 1st March, 2016 refer. The tariff value for readymade garments and made up articles of textiles is also being increased from 30% to 60% which shall apply to all goods mentioned in the notification No. 20/2001-Central Excise (N.T.) dated 30.04.2001. Notification No. 20/2001-Central Excise (N.T.) dated 30.04.2001 as amended by Notification No. 11/2016–Central Excise (N.T) refers. Further, the SSI exemption is being restricted for the month of March, 2016 to Rs.12.5 lakh, subject to the condition that the turnover during financial year 2014-15 has not exceeded Rs. 4 crore. Notification No.8/2003-CE dated 01.03.2003 as amended by Notification No. 8/2016-Central Excise dated 01.03.2016 refers.   Click here for full notification changes in Import Customs duty and excise duty under India Budget 2016-17  Import customs duty,Excise duty changes Budget 2016.pdf

Methods to export apparel and clothing accessories, knitted,crocheted etc. (under chapter 61 of HS Code )

 Procedures to import articles of apparel and clothing accessories knitted or crocheted (Goods under Chapter 61 of HTS code)

Export Import Training online free
How to get Export Orders?
How to settle dispute in Exports and Imports?

Bank financial benefits to Exporters

How does Letter of Credit work?

OBJECTIVES OF CUSTOMS CONTROL for EXPORT GOODS

OBL not released OBL not surrendered no telex release

Payment procedures in Triangular exports
Who is Stevedores
Who receives the amount of auctioned / resold imported unclaimed/un-cleared goods?
 
Why demurrage/detention waiver period is required at destination for import
 Why do carriers balance weight and volume while charging freight amount in Exports?
 
Why does Palletization require?
 
Why labeling and marking in Export business?

Import Government notification on excise tax for  men's or boys' overcoats etc, knit or crochet in Indian Budget 2016-17

Rate of Government notification on excise duty for import of women's or girls' overcoats etc, knit or crochet under Indian Budget

Any changes in import Government notification on excise duty for men's or boys' suits, ensembles etc, knit or croch  as per recent Indian Budget

Present import Government notification on excise taxes for women's or girls' suits, ensemb etc, knit or croch as per new India Budget

Is import Government notification on excise duty applicable for  men's or boys' shirts, knitted or crocheted  in India Budget

Import Government notification on excise duty charges payable for women's or girls' blouses & shirts, knit or croch  in India as per recent Budget

Import Government notification on excise tax to be paid for men's or boys' underpants, pjs, etc, knit or croch  in India  under  new Budget 2016-17

Percentage of import Government notification on excise duty for women's or girls' slips, pjs, etc, knit or crochet in Indian Budget

Import Government notification on excise tax charges for t-shirts, singlets, tank tops etc, knit or crochet as per recent India Budget

Import Government notification on excise duty charges for sweaters, pullovers, vests etc, knit or crocheted  under Budget 2016-17

Government notification on excise tax to import babies' garments & accessories, knit or crocheted

Government notification on excise duty expenses to import garments, knit etc, coated etc rubber, plastic etc

Percentage of import Government notification on excise duty for track suits, ski-suits & swimwear, knit or crochet in Indian Budget

Import Government notification on excise  tax charges for garments nesoi, knitted or crocheted  as per recent India Budget

Import duty charges for pantyhose, socks & other hosiery, knit or crochet under Budget 2016-17

Government tax to import gloves, mittens and mitts, knitted or crocheted

Government duty expenses to import made-up clothing access nesoi. parts etc. knit


Comments


gulab singh: I AM WHOLE SELLER OF SAREE SUITS LEHNGA ALL FOR LADEIS BUT SOME ITMES SELLING BY THE BRANDED NAME BY HIMSELF TO RETAILOR ON THE ORDER BASIS AND STITCHING AT OUR UNIT AND SOME FROM MANUFACTURER BY THE JOB WORKERS. IS IT EXCISE REGISATRATION IS REQUIRED OR NOT

R.S.PATEL: SIR WE ARE MFG.BLANKETS EXCISE DUTY APPLICABLE OR NOT

Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers