GST Rate on Textile Chemicals: 7 Powerful Insights



By
Umesh Kumar Khiri
19 March 25
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gst rate on textile chemicals

Comparison of Pre-GST and Post-GST

FeaturePre-GST RegimePost-GST Regime
Tax Structure  Multiple indirect taxes (Excise Duty, VAT, CST, etc.)Unified GST (CGST, SGST, IGST)
Tax CascadingCascading effect due to taxes levied at multiple stagesEliminated through input tax credit
Interstate TradeComplex due to CST and varying state VAT ratesSimplified with IGST
Compliance  Multiple returns and compliancesConsolidated returns and simplified compliance
Tax RatesVarying and complex GST rate on textile chemicals across different statesStandardized GST rates across the nation
Input Tax CreditLimited and complexBroad and simplified
  • Input tax credit availability has increased.

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