The way GST influenced life and its way into the current economical zone. The way GST influenced the life of people and brought in change.

1. G.S.T
Before & After

2. What is GST
Goods and Service Tax (GST) is an indirect tax levied on the
supply of goods and services. This law has replaced many
indirect tax laws that previously existed in India.
Components of GST
• CGST: Collected by the Central Government on an intra-
state sale (E.g.: transaction happening within
Maharashtra)
• SGST: Collected by the State Government on an intra-
state sale (E.g.: transaction happening within
Maharashtra)
• IGST: Collected by the Central Government for inter-state
sale (E.g.: Maharashtra to Tamil Nadu)
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3. The Change GST has brought:
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Transaction
New
Regime
Old
Regime
Total
Sale within the
State
CGST +
SGST
VAT +
Central
Excise/Se
rvice tax
Revenue will be shared equally between the
Centre and the State
Sale to another
State
IGST
Central
Sales Tax
+
Excise/S
ervice
Tax
There will only be one type of tax (central) in
case of inter-state sales. The Center will then
share the IGST revenue based on the
destination of goods.

4. Comparison
Not only price variations, the implementation of GST has also caused few changes in the way
these costs are formulated.
Calculation Before GST
Calculation After GST
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Action Cost 10% Tax Total
Manufacturer 1,000 100 1,100
Warehouse adds label and
repacks @ 300
1,400 140 1,540
Retailer advertises @ 500 2,040 204 2,244
Total 1,800 444 2,244
Action Cost 10%
Tax
Actual
Liability
Total
Manufacturer 1,000 100 100 1,100
Warehouse adds label and repacks @
300
1,300 130 30 1,430
Retailer advertises @ 500 1,800 180 50 1,980
Total 1,800 180 1,980

5. GST vs Apparels
Differences in costing and taxations
because of GST
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6. GST Implementation in Sector
GST is not implemented as a whole to the apparel sector. It
depends on what you purchase and how much you
purchase that determines your GST.
GST has been implemented based on
goods based on their luxury level.
• Convenience is given for daily use goods. Handloom
products have 0% GST.
• Basic apparels and basic footwear have a minimal
amount of 5% to 18% GST depending o its requirement.
• Luxury goods have the highest GST of 25% to 28% thus
enabling it for the higher class.
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7. Rates and Codes
GSM tax rate and HSN code for various products rates given here. These are the GSM rates for those involving cotton
composition.
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Cotton Composition HSN Code GST Tax Rate
Products with more than 85% cotton
content & weight is less than 200 gm/sq
mtr
5208 5%
Products with more than 85% cotton
content & weight is greater than 200
gm/sq mtr
5209 5%
Products with less than 85% cotton
content, mixed with additional fabrics &
weight is less than 200 gm/sq mtr
5210 5%
Products with less than 85% cotton
content, mixed with additional fabrics &
weight is greater than 200 gm/sq mtr
5211 5%
Other Cotton Products 5212 5%

8. Rates and Codes
GST Rates & HSN Codes For Synthetic Filament Yarn Products like- Parachute Fabrics, Tent Fabrics, Nylon Furnishing,
Umbrella cloth, Polyester Shooting, Polyester Shirting, Other polyester cloth, Nylon Brasso, Nylon jacket, Nylon saree,
Terylene saree, Dacron saree, Rayon Crepe, Rayon jackets, Rayon saree, Rayon shirting & Rayon brocade.
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Yarn Specification HSN Code GST Tax Rate
Synthetic Mono filament of 67 Decitex
or more and of which No cross sectional
dimensions exceed 1 mm; strips & the
Like of synthetic textile material of an
apparent width not exceeding 5 mm.
5407 5%
Artificial Mono filament of 67 Decitex or
more and of which No cross sectional
dimensions exceed 1 mm; strips & the
Like of synthetic textile material of an
apparent width not exceeding 5 mm.
5408 5%

9. AdvantagesofGST
Removes Cascading Effect
Higher Threshold for Registration
Composition scheme for small business
Online simpler procedure under GST
Lesser Compliances
Defined Treatment for e-commerce
Increased efficiency for logistics
Regulating the unorganised sectors

10. ThankYou
Saranya N
+91 87544 38562
n29saranya@gmail.com
16BFT1006