RATE OF GST ON READYMADE GARMENTS

Posted By on June 3, 2017

GST Council at it’s 15th Meeting held on 03rd June, 2017 has announced the Rate of GST on Apparels, Readymade Garments & Textiles. The information is being uploaded immediately after the GST Council’s decision and it will be subject to further vetting during which the list may undergo some changes:-

1. Rate of GST on Apparels below Rs. 1000 : 5 per cent [No cash refund of ITC]

2. Rate of GST on Readymade Garments : 12 per cent [No cash refund of ITC]

3. Rate of GST on Fabric & Yarn of Cotton : 5 per cent

4. Rate of GST on Natural Yarn : 5 per cent

5. Rate of GST on Man-made yarn : 18 per cent

6. Job Work services in respect of the Textiles and textile products (including MMF Yarn, garments, made-ups, etc falling in chapter 50 to 63) : 5 per cent [updated with decision taken by GST Council in its meeting on 5th August, 2017]

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