sir, if the dealer is dealing in garments below 1000. output gst is charged @ 5%. can he claim ITC on capital goods e.g. Air conditioner & ITC on input services e.g. professional fees ?
means output gst rate is 5% with full ITC or 5% with limited ITC ?
When a dealer sells garments priced below ₹1,000, they charge a 5% GST rate.
CAclubindia
