What Is Gst Rate Of Tax On Textile And Readymade Garments?


Anonymous
watch_later 2 years, 5 months ago

What is the tax rate fixed on ready made garments.

Whether any differentiation made between branded and non branded apparels?

  • chatComments
    Sources say 12% on garments and 5% on cotton and yarn fabric. Details yet to come in public domain for solidification of source news. - GST Payer
2 Answers

Pulkit Sharma watch_later 2 years, 5 months ago
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Readymade Garments 12%

Readymade Garments Below Rs. 1000 5%

Fabrics & Yarn (except man-made) 5%

Manmade Yarn 18%

All Process of Textiles 5%

Fiber Silk and Jute 0%

Manmade Fiber 18%

  • chatComments
    WITH NO CASH REFUND OF ITC WHAT EXACTLY DOES IT MEAN, WILL WE GET INPUT CREDIT ON IT OR REFUND WILL BE CREDITED TO ELECTRONIC LEDGER - ajit naayak
    You will get the input credit and money will come to your electronic ledger but you cannot credit it to your bank account. - Pulkit Sharma

GST Payer watch_later 2 years, 5 months ago
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GST tax rate on garment below selling price of 1000 is taxed at 5% and other at 12% with full input credit.

  • chatComments
    What is the GST rate on semi stitch suit (अर्द्ध सिले वस्त्र ) - Prakash Chopra
    5% - GST Payer
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