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Amended gst rates

Manohar Singh (288 Points)

09 October 2021

sir
what is the amended gst rates on footwear
and when will be affected from.

please guide me.
thanking you.

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2 Replies

Rama chary Rachakonda (Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294) (3293 Points)
Replied 09 October 2021

All footwear, irrespective of prices will attract Goods & Services Tax (GST) at 12 per cent while barring cotton, all textile products including readymade garments will have GST at the rate of 12 per cent. This will be possible as GST Council has decided to do away with inverted duty structure (IDS).