Readymade garment manufacturers in the small scale sector have raised a hue and cry at being brought under the excise duty net from the next fiscal, 2003-04.
Hitherto, garment units having a turnover of less than Rs 1 crore were exempt from excise. About 150,000 tiny garment makers in the country will have to shoulder the 10 per cent duty announced in the Union Budget.
While small garment firms are comfortable with value added tax (VAT), it is the