GST on Footwear: 5% for Pairs Under Rs. 500, 18% for Above; Price Must Be Marked or Embossed.

GST on Footwear: 5% for Pairs Under Rs. 500, 18% for Above; Price Must Be Marked or Embossed. https://www.taxtmi.com/highlights?id=35782 GST Rates - HSN Code - Footwear having a retail sale price not exceeding ₹ 500 per pair [provided that such retail sale price is indelibly marked or embossed on the footwear itself] attracts 5% GST. - Thus retail sale price declared on the package is inclusive of GST. - The GST rate will be 18% if the RSP exceeds ₹ 500 per pair. - GST however, will be payable on the transaction value. en-us Fri, 04 Aug 2017 19:59:21 +0530 Fri, 04 Aug 2017 19:59:21 +0530 TaxTMI RSS Generator GST on Footwear: 5% for Pairs Under Rs. 500, 18% for Above; Price Must Be Marked or Embossed. https://www.taxtmi.com/highlights?id=35782 GST Rates - HSN Code - Footwear having a retail sale price not exceeding ₹ 500 per pair [provided that such retail sale price is indelibly marked or embossed on the footwear itself] attracts 5% GST. - Thus retail sale price declared on the package is inclusive of GST. - The GST rate will be 18% if the RSP exceeds ₹ 500 per pair. - GST however, will be payable on the transaction value. Highlights GST Fri, 04 Aug 2017 19:59:21 +0530 https://www.taxtmi.com/highlights?id=35782