Author: admin_gst

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

GST Rate Change: Wholesaler Sells Garments at 5% GST, Retailer Sells at 12% GST on Price Increase.
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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%
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GST Rates for Readymade Garments: 5% for Under Rs. 1000, 12% for Over Rs. 1000 Based on Transaction Value.

GST Rates for Readymade Garments: 5% for Under Rs. 1000, 12% for Over Rs. 1000 Based on Transaction Value.
News
GST
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 piece attract 12% GST. – The sale value referred to in the notification refers to the transaction value and not the retail sale price of such readymade garments
TMI Updates – Highlights, quick notes, ma

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GST on Footwear: 5% for Pairs Under Rs. 500, 18% for Above; Price Must Be Marked or Embossed.

GST on Footwear: 5% for Pairs Under Rs. 500, 18% for Above; Price Must Be Marked or Embossed.
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GST
GST Rates – HSN Code – Footwear having a retail sale price not exceeding ₹ 500 per pair [provided that such retail sale price is indelibly marked or embossed on the footwear itself] attracts 5% GST. – Thus retail sale price declared on the package is inclusive of GST. – The GST rate will be 18% if the RSP exceeds ₹ 500 per pair. – GST however, will be payable on the transac

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Coconuts (fresh/dried) have Nil GST under heading 0801; Copra under heading 1203 incurs 5% GST.

Coconuts (fresh/dried) have Nil GST under heading 0801; Copra under heading 1203 incurs 5% GST.
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GST
GST Rates – HSN Code – Coconuts, fresh or dried, whether or not shelled or peeled fall under heading 0801 and attract Nil GST. As per the HSN Explanatory Notes, the heading excludes copra, the dried flesh of coconut used for the expression of coconut oil (1203) – Copra falls under heading 1203 and attracts 5% GST
TMI Updates – Highlights, quick notes, marquee, annotation, news, a

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Isabgol husk is classified under HSN Code 1211 and is subject to a 5% Goods and Services Tax (GST).

Isabgol husk is classified under HSN Code 1211 and is subject to a 5% Goods and Services Tax (GST).
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GST
GST Rates – HSN Code – Isabgol husk falls 1211 and attracts 5% GST.
TMI Update

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Isabgol Seeds GST Classification: Fresh Seeds Exempt, Dried/Frozen Subject to 5% Under HSN 1211.

Isabgol Seeds GST Classification: Fresh Seeds Exempt, Dried/Frozen Subject to 5% Under HSN 1211.
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GST
GST Rates – HSN Code – Isabgol seeds fall under heading 1211. – Fresh isabgol seeds a

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Tobacco Leaves Under Heading 2401 Face 5% GST on Reverse Charge When Supplied by Agriculturists.

Tobacco Leaves Under Heading 2401 Face 5% GST on Reverse Charge When Supplied by Agriculturists.
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GST
GST Rates – HSN Code – Tobacco leaves falling under heading 2401 attracts 5% GST on r

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GST 5% Rate Applies to All Forms of Tobacco Leaves, Including Broken Leaves and Stems.

GST 5% Rate Applies to All Forms of Tobacco Leaves, Including Broken Leaves and Stems.
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GST
GST Rates – HSN Code – For GST rate of 5% tobacco leaves means leaves of tobacco as such or bro

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Corrugated Paper Cartons Under Heading 4819 Attract 12% GST; Non-Corrugated Versions Face 18% GST Rate, S. No. 453.

Corrugated Paper Cartons Under Heading 4819 Attract 12% GST; Non-Corrugated Versions Face 18% GST Rate, S. No. 453.
News
GST
GST Rates – HSN Code – Cartons, boxes and cases of corrugated pape

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Khoya/Mawa Classified as Concentrated Milk Under HSN Code 0402, Subject to 5% GST Rate.

Khoya/Mawa Classified as Concentrated Milk Under HSN Code 0402, Subject to 5% GST Rate.
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GST
GST Rates – HSN Code – Khoya/mawa being concentrated milk fall under 0402 and attracts 5% GST.

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Hair Rubber Bands Classified Under Heading 4016, Subject to 28% GST Rate for Tax Purposes.

Hair Rubber Bands Classified Under Heading 4016, Subject to 28% GST Rate for Tax Purposes.
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GST
GST Rates – HSN Code – Hair rubber bands fall under heading 4016 and attract 28% GST
TM

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Mobile Handset Batteries Classified Under HSN Code 8506, Subject to 28% GST Rate.

Mobile Handset Batteries Classified Under HSN Code 8506, Subject to 28% GST Rate.
News
GST
GST Rates – HSN Code – Battery for mobile handsets falls under heading 8506 and attracts 28% GST.

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Prefabricated Buildings and Portable Toilets Fall Under HSN Code 9406 with an 18% GST Rate.

Prefabricated Buildings and Portable Toilets Fall Under HSN Code 9406 with an 18% GST Rate.
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GST
GST Rates – HSN Code – Prefabricated buildings, including portable and mobile toilets, fal

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Cotton seed oil cakes have 0% GST for aquatic, poultry, and cattle feed; 5% GST for other uses.

Cotton seed oil cakes have 0% GST for aquatic, poultry, and cattle feed; 5% GST for other uses.
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GST
GST Rates – HSN Code – Cotton seed oil cakes for use as aquatic feed including shrimp

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Fresh Betel Nuts Have Nil GST; Dried Betel Nuts Attract 5% GST Under HSN Code 0802.

Fresh Betel Nuts Have Nil GST; Dried Betel Nuts Attract 5% GST Under HSN Code 0802.
News
GST
GST Rates – HSN Code – Fresh areca nut / betel nuts fall under heading 0802 and attract Nil GST –

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Marble Articles, Including Figurines, Fall Under Heading 6802 with 28% GST Rate.

Marble Articles, Including Figurines, Fall Under Heading 6802 with 28% GST Rate.
News
GST
GST Rates – HSN Code – Articles of marble [including those made of marble powder, stone and unsaturat

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5% GST Rate Applies to Specified Fabrics, Including Cut Pieces for Pants and Shirts, Regardless of Form.

5% GST Rate Applies to Specified Fabrics, Including Cut Pieces for Pants and Shirts, Regardless of Form.
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GST
GST Rates – HSN Code – Fabric 1.2 MT cut for pant and 2.5 MT cut for a shirt?

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Export Incentive Licenses MEIS, SEIS, IEIS Classified Under HSN Code 4907 with 12% GST Rate.

Export Incentive Licenses MEIS, SEIS, IEIS Classified Under HSN Code 4907 with 12% GST Rate.
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GST
GST Rates – HSN Code – sale of Export Incentives Licences like MEIS, SEIS and IEIS – MEIS

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Dog and Cat Foods Taxed at 18% GST Under Heading 2309, According to Residual Entry S. No. 453.

Dog and Cat Foods Taxed at 18% GST Under Heading 2309, According to Residual Entry S. No. 453.
News
GST
GST Rates – HSN Code – Dog or cat foods fall under heading 2309 and attracts 18% GST un

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Wet Dates Classified Under Heading 0804, Subject to 12% GST Rate According to Tax Regulations.

Wet Dates Classified Under Heading 0804, Subject to 12% GST Rate According to Tax Regulations.
News
GST
GST Rates – HSN Code – Wet dates fall under heading 0804 and attract 12% GST.
TMI U

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Nail Polish, Any Size or Quantity, Falls Under GST Heading 3304 with a 28% Tax Rate.

Nail Polish, Any Size or Quantity, Falls Under GST Heading 3304 with a 28% Tax Rate.
News
GST
GST Rates – HSN Code – Nail Polish [whether in large quantities say 50 to 100 litres or in retail

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