CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 31 May 2017
Subodh Sharma
(Tax Consultant)
(41 Points)
Replied 31 May 2017
The rate structure for the textiles commodities is yet to be decided, on next GST counsil meet- 3rd June 2017.
Subodh Sharma
(Tax Consultant)
(41 Points)
Replied 05 June 2017
Readymade Garments above Rs. 1000 - 12%
Apparels up to Rs 1,000 per piece - 5%
Textile - Yarn & Cotton Fabric - 5%
Natural Yarn - 5%
Manufactured Yarn (Man-Made) - 18%
Silk and jute fibre - exempted