Circular No.ES/175/2017-18 October 09, 2017
To: Members of the Council
Sub: Changes recommended in GST Rates for Goods falling under MMF Textile items falling under HS Codes Nos. 5401, 5402, 5403, 5404, 5405, 5406, 5508, 5509, 5510, 5511 and 5605
Dear Member,
The Council is glad to inform the GST Council has recommended following changes in the GST rates for MMF Yarns during its 22nd Meeting held on 06th October, 2017.
Relevant extract of the Press Release pertaining to MMF Textile items is as follows:-
A. GST RATE FOR FOLLOWING GOODS HAVE BEEN REDUCED
Sr. No. |
Chapter/ Heading/ Sub-heading/ Tariff item |
Description |
Present GST Rate |
GST Rate Recommended by the GST Council |
1 |
5401 |
Sewing thread of manmade filaments, whether or not put up for retail sale |
18% |
12% |
2 |
5402, 5404, 5406 |
All synthetic filament yarn, such as nylon, polyester, acrylic, etc. |
18% |
12% |
3 |
5403, 5405, 5406
|
All artificial filament yarn, such as viscose rayon, Cuprammonium, |
18% |
12% |
4 |
5508 |
Sewing thread of manmade staple fibres |
18% |
12% |
5 |
5509, 5510, 5511 |
Yarn of manmade staple fibres |
18% |
12% |
6 |
5605 |
Real Zari |
12% |
5% |
Members may please make a note that Notification on the above changes will be intimated to you shortly.
This is for your information.
Thanking You,
SRIJIB ROY
ADDITIONAL DIRECTOR