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  • April 24, 2018

Excise Duty on Readymade Garments – Budget 2013

Sanyam Jain | Central Excise | March 1, 2013 | 2 Comments

Excise Duty on Readymade Garments – Budget 2013

Finance Minister P.Chidambaram exempted readymade garments from excise duty ambit in Budget 2013-14. Earlier, garment makers had to pay 3.6 per cent excise duty on MRP value of garments compulsorily irrespective of claiming input tax credit or not. “Now, ready made garment maker will not have to pay excise duty on MRP value of garment if input […]

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