Advertise Here [468 W x 60 H pixels]
Web Exclusive | May 2017

18% GST fixed for textile machinery

The Goods and Services Tax (GST) rate for textile machinery has been fixed at 18 per cent by the GST Council at a recent meeting held in Srinagar. The Council has broadly approved the GST rates for goods at nil rate and 5, 12, 18 and 28 per cent to be levied on certain goods. As per the information uploaded after the GST Council’s decision on the website of Central Board of Excise and Customs (CBEC), the rate of 18 per cent has been decided for the following textile machinery mentioned along with their 4-digit HS code:

8444 - Machines for extruding, drawing, texturing or cutting man-made textile materials

8445 - Machines for preparing textile fibres; spinning, doubling or twisting machines and other machinery for producing textile yarns; textile reeling or winding (including weft-winding) machines and machines for preparing textile yarns for use on the machines of heading 8446 or 8447

8446 - Weaving machines (looms)

8447 - Knitting machines, stitchbonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting

8448 - Auxiliary machinery for use with machines of heading 84.44, 84.45, 84.46 or 84.47 (for example, dobbies, Jacquards, automatic stop motions, shuttle changing mechanisms); parts and accessories suitable for use solely or principally with the machines of this heading or of heading 8444, 8445,8446 or 8447 (for example, spindles and spindles flyers, card clothing, combs, extruding nipples, shuttles, healds and heald frames, hosiery needles)

8449 - Machinery for the manufacture or finishing of felt or nonwovens in the piece or in shapes, including machinery for making felt hats; blocks for making hats

8451 - Machinery (other than machines of heading 8450) for washing, cleaning, wringing, drying, ironing, pressing (including fusing presses), bleaching, dyeing, dressing, finishing, coating or impregnating textile yarns, fabrics or made up textile articles and machines for applying the paste to the base fabric or other support used in the manufacture of floor covering such as linoleum; machines for reeling, unreeling, folding, cutting or pinking textile fabrics

9024 - Machines and appliances for testing the hardness, strength, compressibility, elasticity or other mechanical properties of textiles.
Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image


 
Advertise Here [728 W x 90 H pixels]
A.T.E. Enterprises Pvt.Ltd (Goller)      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      B & R Industrial Automation Pvt Ltd      Batliboi Ltd      Brugarolas India Pvt Ltd      Condair      Delair India Pvt Ltd      Elgi Electric and Industries Ltd      Elgi Equipments Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Fourwents Engineering Co.      Grasim Industries Ltd (Liva)      Henna Tex      Instamod Air Pipe Pvt Ltd      ITEMA Weaving India Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine Works Ltd      Loepfe Brothers Ltd (Masterline)      Mangal Singh Brothers Pvt Ltd      Meera Industries Ltd      MESDAN India Pvt Ltd      Nestling Technologies      Prashant West Point Machinery Pvt. Ltd      Premier Evolvics Pvt Ltd      Rabatex Industries      Redington (India) Ltd      Rieter India Pvt Ltd (Suessen)      Rieter India Pvt. Ltd      Savio India Ltd      Savio Texcone Pvt Ltd      Shail International Pvt Ltd      Sieger Spintech Equipments Pvt Ltd      SRE Corporation      Stovec Industries Ltd      Techno Industries      Texfab Engineers (India) Pvt Ltd      Thymas Electronics Pvt Ltd      Vetal Hitech Machines Pvt. Ltd      A.T.E. Enterprises Pvt.Ltd (Goller)      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      B & R Industrial Automation Pvt Ltd      Batliboi Ltd      Brugarolas India Pvt Ltd      Condair      Delair India Pvt Ltd      Elgi Electric and Industries Ltd      Elgi Equipments Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Fourwents Engineering Co.      Grasim Industries Ltd (Liva)      Henna Tex      Instamod Air Pipe Pvt Ltd      ITEMA Weaving India Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine Works Ltd      Loepfe Brothers Ltd (Masterline)      Mangal Singh Brothers Pvt Ltd      Meera Industries Ltd      MESDAN India Pvt Ltd      Nestling Technologies      Prashant West Point Machinery Pvt. Ltd      Premier Evolvics Pvt Ltd      Rabatex Industries      Redington (India) Ltd      Rieter India Pvt Ltd (Suessen)      Rieter India Pvt. Ltd      Savio India Ltd      Savio Texcone Pvt Ltd      Shail International Pvt Ltd      Sieger Spintech Equipments Pvt Ltd      SRE Corporation      Stovec Industries Ltd      Techno Industries      Texfab Engineers (India) Pvt Ltd      Thymas Electronics Pvt Ltd      Vetal Hitech Machines Pvt. Ltd