5% GST on Imitation Zari Thread or Yarn Made from Metallised Polyester Film/Plastic Film Falling Under HSN 5605 | Circular

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  • By Chetan Kulasri
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  • Last Updated on 3 November, 2023

5% GST on imitation zari thread

Circular No. 205/17/2023-GST dated October 31st, 2023

The CBIC has issued a circular to clarify that imitation zari thread or yarn made from metallised polyester film/plastic film falling under HSN 5605 is taxable at 5% and no refund will be permitted on polyester film (metallised)/plastic film on account of inversion of tax rate.

Click Here To Read The Full Circular

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