GST on textile : Rs 1000/- bracket for 18% not for sarees & suit lengths
Question : We are small traders of textile dealing in Suiting, Shirting, Sarees, Dress Material, Blankets, Dhoti etc. We have some queries regarding implementation of GST from 1st July 2017: (a) What will be the status of opening Stock of Textile items? Will 5% be added on closing stock as on 30th June 2017? (b)… Read More »