https://www.taxtmi.com/circulars?id=66962 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. en-us Fri, 10 Nov 2023 00:00:00 +0530 Thu, 16 Nov 2023 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66962 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. Circulars GST - States Fri, 10 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66962