Khadi yarn, Gandhi topi, national flag Not To Fall Under GST
Shital Jibhe / 05 Jun 2017
will not fall under the Goods and Services Tax (GST) blanket, Pearl, coins, and imitation jewellery will attract 3% tax under GST regime from the coming month, whereas Khadi yarn, Gandhi topi, and India's national flag have been exempted from the GST.
will not fall under the Goods and Services Tax (GST) blanket, Pearl, coins, and imitation jewellery will attract 3% tax under GST regime from the coming month, whereas Khadi yarn, Gandhi topi, and India's national flag have been exempted from the GST.
The GST Council also decided to exempt religious items such as
Whereas, in the textile category, 5% and 12% tax will be levied on products costing below Rs 1000 and over Rs 1000 respectively. Manmade apparel costing below Rs 1,000 will also attract 5% tax.
Almost all goods and services have been fitted in the tax brackets of 5,12,18 and 28% by the GST Council.
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