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Footwear gst
old stock footwear sales attract 12% gst in January, please clarify sir
Replies (6)
Quick Summary
Can u pls explain properly
Yes, From January GST on footwear going to be 12% instead of 18%
Old stock which was purchased with 5% gst, from January it was attracted by 12% gst.
Yes if you are invoicing and selling from 1st Jan 2022 onwards rate of 12% is applicable. Doesn't matter when the stock was purchased.
Not ýet changed
For footwear the gst rates have been amended
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