tax rate
This query is : Open
05 June 2017
Sir i am confused tax rates......... If apparels below 1000..then taxed at 5% tax rate... If apparels above 1000...then taxed at 12% tax rare.......... Is this provision applies to readymade garments........ Or.. Readymade garments always taxed at 12% tax rate... Thanks in advance
CA Rashmi Gandhi
(Expert)
05 June 2017
Readymade Garments are of below Rs.1000/- then taxable @5% otherwise it is taxable@12%
05 June 2017
According to your answer sir... 1000 provision is applies to only readymade garments... Sir ... Sir what if cotton sarees above1000 rupees...cotton saree taxed at 5% rate... If cotton sarees above1000 then what is the tax rate... Iam confusing apparels above 1000 rupees sir..
CA Rashmi Gandhi
(Expert)
05 June 2017
It will taxable @12%
CA Rashmi Gandhi
(Expert)
05 June 2017
It will taxable @12%
CA Rashmi Gandhi
(Expert)
05 June 2017
I m Not sir check first
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