Clarification regarding GST rate on imitation zari thread or yarn based on the recommendation of the GST Council in its 52nd meeting held on 7th October, 2023
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GST rate on imitation zari thread clarified to include metallised polyester/plastic film; no refund for film inversion. Imitation zari thread or yarn made from metallised polyester film/plastic film falling under HS 5605 are covered by the Schedule I entry for imitation zari and attract the reduced GST rate; no refund is permitted for polyester (metallised)/plastic film on account of rate inversion. The CBIC clarification has been applied mutatis mutandis under the Maharashtra GST Act and is clarificatory in nature.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST rate on imitation zari thread clarified to include metallised polyester/plastic film; no refund for film inversion.
Imitation zari thread or yarn made from metallised polyester film/plastic film falling under HS 5605 are covered by the Schedule I entry for imitation zari and attract the reduced GST rate; no refund is permitted for polyester (metallised)/plastic film on account of rate inversion. The CBIC clarification has been applied mutatis mutandis under the Maharashtra GST Act and is clarificatory in nature.
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