what is tax rate on readymade garments?
is there any difference in branded and unbranded garment's tax rate?
5 Replies
gaurav patwa
(18 Points)
Replied 01 June 2017
OK.
Thanks a lot.
And what about textile. ( cloth which garment manufacturers will use as raw material)
Thanks a lot.
And what about textile. ( cloth which garment manufacturers will use as raw material)
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 05 June 2017
Readymade Garments 12% with no cash refund of ITC Readymade Garments Below Rs. 1000 5% with no cash refund of ITC Fabrics & Yarn (except man-made) 5% Manmade Yarn 18% All Process of Textiles 5% Packaged Food Items 5% Fiber Silk and Jute 0% Manmade Fiber 18%
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