As per Notification no. FTX.55/2005/Pt-V/255, “textiles fabric including textile made-ups, i.e. fabric that has gone undergone a stitching process” are made taxable @ 5% w.e.f. 28th June, 2012.
A new entry at Sl. No. 124 has been inserted in Second Schedule (Part- A), which reads as “Textiles fabric including textile made-ups, i.e. fabric that has gone undergone a stitching process”.
It will be a new task for the dealers to claim refund of entry tax paid on unsold stock of such goods as on 28/06/2012 (opening).
It will be a new task for the dealers to claim refund of entry tax paid on unsold stock of such goods as on 28/06/2012 (opening).
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