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 https://www.taxtmi.com/circulars?id=67087 Imitation zari thread or yarn made from metallised polyester film or plastic film is classified under the imitation zari Schedule I entry and attracts the reduced GST rate recommended by the GST Council; no refunds are permitted for metallised polyester/plastic film on account of rate inversion. en-us Thu, 09 Nov 2023 00:00:00 +0530 Sat, 13 Jan 2024 13:41:00 +0530 TaxTMI RSS Generator 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 https://www.taxtmi.com/circulars?id=67087 Imitation zari thread or yarn made from metallised polyester film or plastic film is classified under the imitation zari Schedule I entry and attracts the reduced GST rate recommended by the GST Council; no refunds are permitted for metallised polyester/plastic film on account of rate inversion. Circulars GST - States Thu, 09 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67087