Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
GST - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

GST Rates - HSN Code - Readymade garment - if a wholesaler ...


GST Rate Change: Wholesaler Sells Garments at 5% GST, Retailer Sells at 12% GST on Price Increase.

August 4, 2017

News     GST

GST Rates - HSN Code - Readymade garment - if a wholesaler supplies readymade garments for a transaction value of ₹ 950 per piece to a retailer, the GST chargeable on such readymade garments will be 5% - However, if the retailer sells such readymade garments for ₹ 1100 per piece, the GST chargeable on such readymade garment will be 12%

View Source

 


 

You may also like:

  1. GST Rates - HSN Code - Readymade garments of sale value not exceeding ₹ 1000 per piece attract 5% GST. Readymade garments of sale value exceeding ₹ 1000 per...

  2. Classification of goods - rate of GST - sale of solar energy products as Solar Water pumping system as a whole - the supply of solar energy based bore well water pumping...

  3. Profiteering - restaurant service supplied by the Respondent - the GST rate of 5% has been charged w.e.f. 15.11.2017 however the base prices of 170 products have been...

  4. Profiteering - The Respondent has resorted to profiteering by way of either increasing the base prices of the service while maintaining the same selling prices or by way...

  5. Profiteering - supply of Services by way of admission to exhibition of cinematograph films - The Respondent has resorted to profiteering by way of either increasing the...

  6. The West Bengal Directorate of Commercial Taxes has issued clarifications on GST rates and classifications based on the 55th GST Council meeting. Key determinations...

  7. Profiteering - supply of “Samsung 80 CM (32 inches) HD ready LED TV 32FH4003” - If there was any increase in his costs the Respondent should have increased his prices...

  8. CBEC issued comprehensive GST rate clarifications following GST Council's 55th meeting recommendations. Pepper of genus Piper attracts 5% GST, with exemption for...

  9. Changes in GST - Rent-a-cab service - Allowed option of 12% GST with full ITC. - 5% GST with no ITC will also continue

  10. The Goa Commissioner of State Taxes has adopted Circular No. 247/04/2025-GST from the Tax Research Unit, Ministry of Finance, for uniform implementation under the Goa...

  11. The applicant purchases second-hand gold or diamond jewelry from unregistered individuals, melts and transforms them into new pieces, altering their nature and...

  12. Profiteering - restaurant service supplied by the Respondent - allegation that the reduction in the rate of tax not passed on by way of commensurate reduction in price -...

  13. Four-tier GST rate structure of 5, 12, 18, 28 percent has been announced by the GST Council in addition to zero rated goods

  14. GST Rates - HSN Code - Roasted grams fall under heading 2106 90 and attract 12% GST.

  15. GST Rates - HSN Code - Wet dates fall under heading 0804 and attract 12% GST.

 

Quick Updates:Latest Updates