Accounts and Audit
22 Points
Joined January 2009
Hi Mam
My Name is Abishek
I have a doubt regarding HSN Code and Tax Rate for Unstiched Ladies suits / lenega materials (ie. a pack that contains Top Material, Bottom Material and Shawl / Dhuppatta). Like you said it comes under HSN Code 6204. So the tax rate is 5% for Sale Value under 1000 and 12% on sale value above 1000?
When we read chapter 62, the interpretation of Suit is set of "GARMENTS" (ie Ready Made). So if suit is unsticthed, whether it will come in HSN code 6204? or should we classify it under Chapter 52 / 54 (Cotton / Synthertic) ?
Thanks in Advance.