April 2025

Clothing items priced below ₹1000 attract a GST rate of 5%, whereas those priced ₹1000 or above are taxed at 12%. Ready-made garments fall under the 12% GST slab. Meanwhile, synthetic or man-made fibers and fabrics are subject to a higher GST rate of 18%. Although the standard GST rate for textile products is 12%, items such as apparel and footwear […]

India currently prides itself on being the second-largest global producer of cement. It’s worth noting that the government is a significant consumer in this industry, and therefore, its infrastructure projects heavily rely on cement. However, it’s interesting to observe that cement is subject to the highest tax rates despite being extensively used by the general

Catering services attract 18% GST. Businesses providing these services can claim Input Tax Credit (ITC) on GST paid, subject to conditions under GST law, helping reduce tax liability and improve compliance. The rate may differ based on the type of establishment and whether alcohol is served.The GST on catering services and the GST on banquet hall charges can affect

Goods and Services Tax (GST) currently applies to most goods and services in India including motor vehicles. GST on cars in India is applicable across multiple slab rates of 5%, 12%, 18% and 28%. The most relevant GST rate on cars is 28% that applies to motor vehicles including those for personal as well as

The GST plays a significant role in determining travel costs for passengers in India. The GST slab for flight tickets is distributed across 5% and 12%, depending on the ticket type. GST applies to both domestic and international flight tickets, making it essential for travellers to understand these charges. As civil aviation emerges as a

As per GST Regime, Air conditioners in India are subject to 28% of GST rate, regardless of whether they are split or window units. Air conditioners are classified as luxury items and fall under the highest tax bracket of 28%. What is GST on Air Conditioners (AC)? GST regime in India, air conditioners, whether split

In India, the Goods and Services Tax (GST) system impacts various printed materials, including newspapers, periodicals, and books. Newspapers and periodicals in print form are exempt from GST, while their digital versions attract a 18% GST rate. However, newspapers, journals, and periodicals that are published at least four times a week (HSN 4902) remain GST-exempt.Publishers,

Goods and Services Tax (GST) on laptops and computers is crucial in determining the final price of these devices in India. This article will explore the GST rates applicable to laptops, desktop computers, and various related devices, along with their HSN codes. Whether you’re a business owner or an individual buyer, What is the GST on Laptops? The GST

Goods and Service Tax on services follows a structured 4-tier rate system, with tax rates set at 5%, 12%, 18%, and 28%. Each tier offers distinct advantages and disadvantages for consumers, impacting the overall cost of services. While most GST on services fall under these GST slabs, essential sectors such as healthcare and education are exempt