Ad-Free CAclubindia and daily updates on your mobile. Subscribe Now!

gst on readymade garment

Mayank Rghuvanshi (24 Points)

25 August 2017

Is gst imposed on MRP of readymade garment.

Reply
Follow
Share

8 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (161423 Points)
Replied 25 August 2017

On net bill amount after discount over MRP, if any.

Mayank Rghuvanshi (24 Points)
Replied 25 August 2017

ok thank you sir

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (161423 Points)
Replied 26 August 2017

Most Welcome

prasad (EMPLOYEES) (315 Points)
Replied 26 August 2017

but Sir GST lagake deta Hai ready-made shirts and pants Main

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (161423 Points)
Replied 26 August 2017

Yes, that is input GST........ but when you sell you have to charge GST and take input credits of what you had paid (provided you are under regular scheme). GST is charged/added over each transactions on added value, and getting credits of earlier one.

prasad (EMPLOYEES) (315 Points)
Replied 26 August 2017

main to customer hu.
MRP GST LAGATA HAI. BAD MAIN AUR TAX BHARANEGA

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (161423 Points)
Replied 26 August 2017

The above discussion is for sellers....... not for customer. Customer has to pay GST only once at the time of purchase........ that too based on purchase price, if less than MRP. So, no need to pay GST again, relax.........