GST effect on Garment industry

GST ready?

GST effect on Garment industry

Garment Industry

Different Taxings on different products of Garment industry.

 

 

Sr. No. Description of commodity Chapter Number Tax rate %
1. Cotton 52 5%
2. Cotton Waste 52 5%
3. Cotton Yarn 52 5%
4. Cotton Sewing Thread 52 5%
5. Cotton Fabrics 52 5%
6. Sewing Thread (Made in Filament Yarn) 54 18%
7. Rubber Thread and Card 54 12%
8. Narrow Woven Fabrics (Tapes and Elastic) 58 12%
9. Labels and Badges 58 12%
10. Apparels (Sales value below Rs.1000) 62 & 63 5%
11. Apparels (Sales value above Rs.1000) 62 & 63 12%
12. Embroidery with the piece 58 12%
13. Fabrics man-made textile material 54 5%
14. Fabrics of man-made stable fabrics 54 5%
15. Carton Boxes 48 12%
16. Corrugated Boxes 48 12%
17. Paper Board 48 12%
18. Hosiery Needles 84 18%
19. Buttons 96 18%
20. Textile Machinery 44 12%
21. Sewing Machinery 84 12%
22. Self Adhesive Tapes (Gum Tapes & Cello Tapes) 39 18%
23. Primary Polymer (are goods) 39 18%
24. Waste generated in 5% items (Waste cloth and Cloth rugs) 63 5%
25. Waste generated in 12% items 63 12%
26. Pigments and Dyes 32 18%
27. Printing Ink 32 18%
28. Chemicals 28 & 29 18%
29. Laboratory Chemicals 28 & 29 12%
30. Common Salt 25 Exempted
31. Salt other than Common Salt 25 5%
32. Photographic Tags using in textile field 37 18%
33. Transfer Paper 48 18%
34. All Labour Contract in Textile and Hosiery Filed. (Whether material is involved or not) Under service code 18%

 

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