Related Keywords: Central Excise and Customs department, dress material, FOSTTA, fresh circular issued, meeting of textile traders, on saris, oppose two percent excise duty tax net, retail price above thousand rupees, salwar suit, sold under brand name
The Central Excise and Customs department has issued fresh circular that the saris, salwar suit and dress materials sold under the brand name and having retail prices above Rs 1,000 will come under the 2% excise duty tax net which is strongly opposed by the Federation of Surat Textile Traders Association (FOSTTA).
