Percentage of GST imposed for manmade textile materials, filaments, strips

 

GST on textile materials made manually, filaments, strips etc.

Manmade textile materials, filaments and strips falls under HSN code chapter 54 of GST commodity tariff schedule.  The details about GST rate changes for sale of Manmade textile materials, filaments and strips are being updated here.  The notification changes on exemptions for GST for sale of Manmade textile materials, filaments and strips and other circulars related to GST for manmade textile materials, filaments, strips are updated in this website.

Update on 4thJUNE, 2017: GST rates on goods

5% GST RATE:

1. Fabrics of manmade textile materials [GST HSN chapter code 5407, GST HSN chapter code 5408] [With no refund of ITC accumulation]

Reduced GST Rates on 9th September 2017

                                                                                            Present GST rate        Reduced GST rate

                54     Khadi fabric, sold through Khadi and                 5%                         Nil

                          Village Industrries   Commission’s outlets

 

18% GST RATE:

1. Synthetic filament yarn such as nylon, polyester, acrylic, etc. [GST HSN chapter code 5402, GST HSN chapter code 5404, GST HSN chapter code 5406]

2. Artificial filament yarn such as viscose rayon, Cuprammonium, etc. [GST HSN chapter code 5403, GST HSN chapter code 5405, GST HSN chapter code 5406]

3. Sewing thread of manmade filaments [GST HSN chapter code 5401] 

 

Reduced GST Rates on 06th October, 2017

                                                                                               earlier rate     new rate

5401                     Sewing thread of manmade filaments,      18%               12%

                            whether or not put up for retail sale


5402, 5404,         All  synthetic  filament  yarn,  such  as      18%                12%

5406                    nylon, polyester, acrylic, etc.


5403, 5405,         All  artificial  filament  yarn,  such  as       18%                 12%

5406                    viscose rayon, Cuprammonium,

 

Percentage of GST imposed for manmade textile materials, filaments, strips

In India, GST is payable for Manmade textile materials, filaments and strips falls.  However, some of the categories of business under HSN code 54 are expected to be exempted from paying GST.  The list of exempted commodities and services under GST is expected to be released soon.

The GST The special package on garment sector made-ups and home textile is expected to be extended under GST regime also.

Goods and Service Tax (GST) rate tariff in India is designed in 6 categories of goods and services.  Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively.  Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury - 28%.   The most essential goods and services attract nil rate of GST under Exempted Categories.     Luxury goods and services and certain specific goods and services   attract additional cess than 28% GST. 

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Percentage of GST imposed for manmade textile materials, filaments, strips

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Percentage of GST imposed for manmade textile materials, filaments, strips

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The above information about GST rate on commodities under HSN code mentioned above commonly clarifies on questions explained under:

Amount of GST tax on sewing thread of retail, manmade filaments or not

What is the GST rate on synthetic filament yarn (no sew thread), no retail?

How much GST on woven fab of sync fil yarn, incl monomial 67 Dec. etc. in India?

GST tariff on woven fab of art fil yarn, incl monomial 67 Dec. etc.

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GST duty on manmade filament yarn (no sew thread), retail pack

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Minimized GST rate on Sewing thread of manmade staple fibres

Reduced GST rate on All synthetic filament yarn, such as nylon, polyester, acrylic, etc.

Reduced GST rate on Sewing thread of manmade filaments, whether or not put up for retail sale

Minimized GST rate on Duty credit scrips

Diminished GST rate on Rubber waste, parings or scrap

Reduced GST rate on Plastic waste, parings or scrap

Reduced GST rate on Modelling paste for children amusement

Reduced GST rate on Ayurvedic, Unani, Siddha, Homeopathy medicines, other than those bearing a brand name

Reduced GST rate on Food preparations put up in unit containers

Minimized GST rates on Khakra and plain chapati or roti

Minimized GST rate on E-Waste

Reduced GST rate on Plain Shaft Bearing

Reduced GST rate on Fittings for loose-leaf binders, letter clips, of base metal; staples in strips, of base metal

Reduced GST rate on Cullet or other waste or scrap of Glass

Minimized GST rate on Goods under HSN Chapter 6802

Minimized GST rate on Yarn of manmade staple fibres

Reduced GST rate on All artificial filament yarn, such as viscose rayon, Cuprammonium

Reduced GST rate on Paper waste or scrap

Reduced GST rate on Hard Rubber waste or scrap



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