Hello everyone......At present there is no sales tax or vat on cloth in maharashtra.....is there any chances of levy GST on cloth?....
6 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195722 Points)
Replied 11 April 2017
Most likely on readymade garments & branded goods, but general cloth may be spared.
SAURABH ZAWAR
(269 Points)
Replied 11 April 2017
Gst will be levied from manufacturers to final consumer so definitely it will covered all textiles product except cotton
Regards
CA Saurabh Zawar
Regards
CA Saurabh Zawar
Tvrreddy Ca
(52 Points)
Replied 11 April 2017
since it is not notified from exempted goods list and any other provision....hence it attracts gst unless notified by govt
CA Rashmi Gandhi
(Chartered Accountant)
(86500 Points)
Replied 05 June 2017
Readymade Garments 12% with no cash refund of ITC
Readymade Garments Below Rs. 1000 5% with no cash refund of ITC
Fabrics & Yarn (except man-made) 5%
Manmade Yarn 18%
All Process of Textiles 5%
Packaged Food Items 5%
Fiber Silk and Jute 0%
Manmade Fiber 18%Â
Readymade Garments Below Rs. 1000 5% with no cash refund of ITC
Fabrics & Yarn (except man-made) 5%
Manmade Yarn 18%
All Process of Textiles 5%
Packaged Food Items 5%
Fiber Silk and Jute 0%
Manmade Fiber 18%Â
Prashant Toshnival
(42 Points)
Replied 06 June 2017
Thanx a lot rashmiji......i hope in future also u vl help me....
regards,
Adv.Prashant Toshnival
Ichalkaranji....
(9822262111)
regards,
Adv.Prashant Toshnival
Ichalkaranji....
(9822262111)
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