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Indian saris will not face excise duty: CBEC

Indian saris will not face excise duty: CBEC

Saturday, March 18, 2017, 8:45 AM

The quintessentially Indian sari will not face excise duty as the government has clarified that the garment won’t be classified as a 'made-up', which would have attracted tax. The Central Board of Excise and Customs (CBEC), the apex indirect taxes body, has issued a circular to this effect. A 2% excise duty is levied on ‘made-ups’ with a retail price of over Rs 1,000.
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