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CA Rashmi Gandhi (Chartered Accountant)     03 June 2017

Rate decided on 03 June

* GST rate for gold fixed at 3 per cent

* Gold, gems, jewellery to be taxed at 3 per cent


* Footwear priced below Rs 500 to be taxed at 5%, the rest at 18%


* Readymade garments to attract 12% GST; Yarn and fabric cotton 5 per cent. Consumers might also see some hike in garment prices.


* GST on all biscuits to be 18%

 2 Replies

RAJA P M

RAJA P M ("Do the Right Thing...!!!")     03 June 2017

Originally posted by : Rashmi Gandhi
* GST rate for gold fixed at 3 per cent* Gold, gems, jewellery to be taxed at 3 per cent* Footwear priced below Rs 500 to be taxed at 5%, the rest at 18%* Readymade garments to attract 12% GST; Yarn and fabric cotton 5 per cent. Consumers might also see some hike in garment prices.* GST on all biscuits to be 18%

Thank You for the UPDATE Madam.,

Please update recent activities like GST.....

Bhagwat Sahu

Bhagwat Sahu (Article)     04 June 2017

GST Rate on Plastic Industry - Supply of HDPE Granules, HDPE Coil & Sprinkler Irrigation System??

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