![]() ![]() Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.ĬAs, experts and businesses can get GST ready with Clear GST software & certification course. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Just upload your form 16, claim your deductions and get your acknowledgment number online. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.Įfiling Income Tax Returns(ITR) is made easy with Clear platform. Sanitary towels, sanitary napkins, tamponsĬlear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. GST rates and HSN or SAC codes for sanitary napkins Thus, with no difference in manufacturing cost, the manufacturers are not left with any price benefit which they can further pass down to the consumer. Exemption of output GST resulted in the denial of ITC to the manufacturers. But, the actual benefit to the consumers was very little. But, from 21st July 2018, the sale of sanitary napkins was exempted entirely. The GST rate on the sale of sanitary napkins was 12%. So, even if the imported products lack quality, they can easily penetrate the market due to low costs.Įxemptions available for sanitary napkins Thus, the exemption of GST on sanitary napkins has benefitted the importers and not the local manufacturers. On the other hand, importers have an added advantage as they are charged only with customs duty instead of customs duty+GST. The manufacturers can claim the refund of input taxes, but it would result in additional financial and administrative costs on the company’s part. This is referred to as an inverted tax structure in GST. With 18% and 12% on inputs and 0% on the sale of sanitary napkins, leads to a situation where the rate of tax on inputs is more than the rate of tax on output supplies. However, GST rates on raw materials used for the manufacture of sanitary napkins are as follows: Description ![]() The GST rate on the sale of sanitary napkins is zero. ![]() Applicability of GST on sanitary napkins and inverted tax structure ![]()
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