Reduced GST rate on Velvet fabric

Posted on 21 April 2023 Category : GST rate

GST rate on Velvet fabric

The GST tariff rate on goods under HSN 5801 37 20 has been Revised as per GST council meet held on 18th January, 2018. The details of reduced GST rate on Velvet fabric is as follows:

Latest GST rate on Velvet fabric

HSN number: 5801 37 20

Velvet fabric

GST rate before 18th January, 2018: 12%

Revised rate of GST w.e.f 18.01.2018: 5% WITH NO REFUND OF UNUTILISED INPUT TAX CREDIT

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