Handloom & Handicraft is exempt from GST or Taxable?
If exempt or 0% tax
GST registration & return fileing is mandatory or not?
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Handloom & Handicraft
Replies (2)
Handloom & handicraft are in nil category.
No registration & return filing under GST required if u deal exclusively in same(exempted goods only).
No registration & return filing under GST required if u deal exclusively in same(exempted goods only).
Thanks Rashmi ji,
We do lot of value addition on Handloom Fabric whereas 18% GST is proposed on Embroidery and other textile process. Embroidery is the main process of value addition on Handloom fabric. In this case, what will be the final impact of GST on Handloom Banarasi Saree / Fabric after Embroidery value addition?
Regards
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