Gst rate on garment and job work related to garment industry

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The GST Council decided on 5th August 2017 to reduce the GST rate on job work services for the ready-made garment and made-ups sector. This change brought the rate down from 18% to a more favourable 5%, offering significant relief to the industry.

N.S.NAGARAJ

N.S.NAGARAJ (Querist)
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07 February 2020 sir

gst rate on job work services - garment industry during the year 2017-18.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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07 February 2020 REDUCED RATE OF GST FOR JOB WORK ON READYMADE GARMENTS : GST COUNCIL DECISION 5TH AUG, 2017
In a major relief to the Ready Made Garment sector, the GST Council has reduced the Rate of GST on Job Work of Readymade Garments and made-ups from 18% to 5%.