Gst

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Prakash Kukreja (Querist)
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06 June 2017 Hello sir
I just want to know what is the percentage of gst on readymade
And is readymade can't allow for input Credit

CA Rashmi Gandhi (Expert)
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06 June 2017 Rate is 5% for readymade garments below Rs.1000/- & for rest it is 12%. No cash refund can be claimed of ITC

CA R SEETHARAMAN (Expert)
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06 June 2017 Ready made garments will attract a levy of 12 per cent. Input credit will be allowed.

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