What should be preferable in Embroidery business?

What should be preferable in Embroidery business: 1. Buy cloth at 5 %. do Embroidery work. And resale at 5% or 2. Do Embroidery at 18%?

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3 Answer(s)

As of now the first option looks better.

Answered on June 6, 2017.
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On Embrodiery work, GST rate will be 18%, not 5%. So your output tax liability will be of 18% and input tax credit will be of 5%.

Answered on June 6, 2017.
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Input is textile and output is textile.. then why 18%?

Answered on June 6, 2017.
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Your Answer

Gen GST