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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

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

 

 

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