GST rates



Confirmed Rates in today's meeting of GST Council:

Gold 3%

Gold Jewellery 3%

Gems and Jewellary 3%

Rough Diamond 0.25%

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%

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Gold & Gems & Jewellery - 3%

Rough Diamonds - 0.25%

All Biscuits - 18%

Footwear less than Rs. 500 - 5%

Footwear above Rs. 500 - 18%

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shukriya Dear

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GST Certification Course


Financial Accountant

Please explain "with no cash refund of ITC"

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