Gst rate for readymade garments

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prakash menon (Querist)
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06 April 2017 Sir,
I want to know the GST rate for readymade garments and what are the item could be elligible for input credit.

Please reply at the earleist.

Rajesh Kumar

Rajesh Kumar (Expert)
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08 April 2017 Presently Textile sector is generally not taxed under Central Excise. It appears that textile sector shall be covered under GST, with lower rates for unbranded products. We should wait for 19th may when Tariff is likely to be declared.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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05 June 2017 Readymade Garments 12% with no cash refund of ITC Readymade Garments Below Rs. 1000 5% with no cash refund of ITC

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