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GST rates on clothing and footwear in India vary based on price, material, and embellishment. Garments and shoes priced above ...
The GST Council may decide to increase the current 5% tax rate on essential products (which includes fabric) and services to 6-8% at its meet on December 18. Simultaneously, the Council may hike ...
GST News Today. New Delhi: The Goods and Services Tax (GST) rates will see a host of different changes from January 1, 2022.Products like apparel, textiles and footwear will attract 12 per cent ...
At present, while a 12.5% excise duty is levied on man-made fibres, cotton fibres attract none. The government’s move to keep the Goods and Services Tax (GST) rates on various textiles ...
NEW DELHI: Clothing Manufacturers Association of India or CMAI on Friday expressed “deep disappointment” at the Centre’s notification of higher goods and services tax (GST) rates on apparel ...
The Goods and Services Tax slabs may be revamped soon, according to media reports. The government is planning to lower GST rates for household items, the reports claim. Gross GST collections reached a ...
New Delhi, June 29 (IANS) Even as garments above Rs 1,000 per piece will attract a 12 per cent tax rate once the Goods and Services Tax (GST) is rolled out from July 1, shoppers need not fret as ...
“The buy 2, get 2 offer last week cost me Rs 5,100, but today they charged me more on the same offer,” said a customer of an apparel brand here, adding that GST has made clothes costlier.
Discount on old stocks is still there, but now post GSt, tax rate is not inclusive of the discounted price. New Delhi: Apparel stores in the capital continue with attractive schemes, but buyers ...
For instance, the Rs 20,000-crore detergent category will be taxed at 28% under GST compared with 22% earlier. “Tax on ghee will go up from 5% to 12%,” said Meghnad Mitra, CFO of Mother Dairy ...
Several tax rate changes, including on low-cost hotel accommodation, expensive hospital room rent, solar water heaters, coal bed methane, cheques and select farm equipment, will take effect from ...