Gst for saree and kurta

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ca final
176 Points Posted on 05 June 2023
What is gst rate for saree trader in delhi?
he has taken gst registration this month.
can he have any gst or income tax benefit?
plz advise
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On 05 June 2023 at 00:11 Report
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Quick Summary
This discussion clarifies the Goods and Services Tax (GST) applicable to sarees and kurtas. Generally, items under £1000 attract a 5% GST rate, while those above £1000 are subject to a 12% rate. Exemptions may apply to handicraft items under Section 22 of the CGST Act. Advice is also provided on potential GST and income tax benefits for new traders in Delhi.

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Profession
28261 Points Posted on 05 June 2023
If these are are all handicraft items there are exemptions .
FOLLOW SEC 22 OF CGST ACT
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On 05 June 2023 at 07:05
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CA
10436 Points Posted on 05 June 2023
Those clothes which are under 1000 then gst rate is 5% and those which are above 1000 then gst rate is 12%. If you wanna know more in detail then please check your inbox.
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On 05 June 2023 at 09:12

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