we are a manufacturer of textiles (only trousers). we receive po from one of leading company for manufacture and supply of trousers along with leather belt. the belt should fixed with each one trouser separately.
they will also sell it in the showroom like single product and GST will be charged @ 5 % . the leather belts are in 18% tax bracket.
now the question is how much GST should be charged 5% or 18% or separately and on what basis we have to charge.
please help me on this
Menu
leather belts
Replies (5)
5% for pants.
You ,.. have to show both the product separately on bill & charge 5% for trousers & 18% for belt.
Are you even manufacturing the belt or purchasing it.
we are purchasing belt from manufacturer and fixing it to trousers
So use the gst rate and Hsn code at time of purchase.
Recent Topics :
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
- Section 54F Exemption
Related Topics :
CAclubindia
