27 July 2024
The GST rates on readymade garments and similar products in India are classified under different HSN codes. Here’s a breakdown of the GST rates for various readymade products:
### **GST Rates for Readymade Products**
1. **Readymade Garments**: - **HSN Code 6101 to 6117** (Various types of garments like shirts, trousers, jackets, etc.) - **GST Rate**: 12% or 5%, depending on the value of the garment.
3. **Suiting and Shirting**: - **HSN Code 5208 to 5212** (Various types of fabrics) - **GST Rate**: For fabric, the rate is 5% if it's made of cotton. For synthetic fibers, it’s 18%. - **Readymade garments made from these fabrics**: The rate is 12% or 5%, based on the value.
4. **Saree**: - **HSN Code 6204** (Sarees made of silk or cotton) - **GST Rate**: 5% for sarees.
### **Detailed GST Rates**
1. **Garments and Articles of Apparel (HSN 6101 to 6117)**: - **Value up to ₹1,000**: 5% - **Value above ₹1,000**: 12%
2. **Dhoti (HSN 6211)**: - **Rate**: 5%
3. **Suiting and Shirting (HSN 5208 to 5212)**: - **Fabrics**: - **Cotton**: 5% - **Synthetic Fibers**: 18% - **Garments made from these fabrics**: - **Value up to ₹1,000**: 5% - **Value above ₹1,000**: 12%
4. **Saree (HSN 6204)**: - **Rate**: 5%
### **Additional Notes**
- **Threshold Limits**: - The lower GST rate (5%) applies to readymade garments and fabrics if the retail price is below ₹1,000. - The higher GST rate (12%) applies to products priced above ₹1,000.
- **Fabric**: - Fabrics made of cotton, wool, silk, and other materials have different GST rates, and the rate for finished garments is typically higher.
### **References for GST Rates**
For the most accurate and updated information, you should refer to the latest GST notifications and rate schedules published by the Government of India or consult the GST portal. The specific HSN codes and GST rates are subject to periodic updates and changes.
You can always cross-verify with the GST portal or consult with a tax professional for any specific queries or complex situations related to GST rates.
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