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GST rate

Agniv Basak (55 Points)

09 July 2018

What is the GST rate for saree?

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CA Sunil Kumar (Chartered Accountant) (4514 Points)
Replied 09 July 2018

GST @ 5% will be applicable on sarees, sarees are treated as fabric and it remains so even after embroidery etc as no new item emerges having a distinct name, character and use.

Agniv Basak (55 Points)
Replied 09 July 2018

Is 5% for any kind of saree and any MRP? If MRP is Rs. 2500 or Rs. 3500 then also 5%? Please confirm

CA Sunil Kumar (Chartered Accountant) (4514 Points)
Replied 09 July 2018

all type of saree taxable @ 5% gst

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Vinod Babu (24191 Points)
Replied 09 July 2018

Yes all saree type what ever may be price, the gst rate is 5%, HSN code is 5407.

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