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Gst

This query is : Resolved 
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(Querist)
06 June 2017 Hello sir
I just want to know what is the percentage of gst on readymade
And is readymade can't allow for input Credit
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
06 June 2017 Rate is 5% for readymade garments below Rs.1000/- & for rest it is 12%. No cash refund can be claimed of ITC
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
06 June 2017 Ready made garments will attract a levy of 12 per cent. Input credit will be allowed.
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