Related Keywords: attracts two percent excise duty on retail price above rupess thousand, big relief for textile traders in Suart, CBEC, Central Board of Excise and Customs, FOSTTA, largest man-made fabric wholesale market, out of ambit of made ups, SGCCI, takes decision to keep sari
The Central Board of Excise and Customs (CBEC) have taken decision to keep 'sari' out of the ambit of made-ups, which attract 2 percent excise duty on retail price above Rs1,000. This decision brings a big relief for textile traders in the country's largest man-made fabric (MMF) wholesale market in Surat.
