GST Regulations

What is new revised GST? How is it different from previous GST reform? 

Under the earlier GST structure, garments with Maximum Retail Price (“MRP”) up to ₹1,050 attracted 5% GST, while those above ₹1,050 were taxed at 12%. After implementation of revised GST rates, the slab has now been revised. Now, garments with MRP up to ₹2,625 attract 5% GST, while those above ₹2,950 are taxed at 18%.  

Please refer to the below official notification for further clarification  

https://taxinformation.cbic.gov.in/view-pdf/1010436/ENG/Notifications. 

Will I get GST refund while returning a product purchased via jockey.in? 
Yes. GST is charged at the time of purchase and included in the MRP.  Since the total MRP value is refunded in case of returns, the GST component gets automatically refunded along with the product value.  

Is GST applicable on individual pieces or packs? 
GST is applied at the piece level. For example, if a pack contains three garments with each priced at ₹1,050, GST at 5% is applicable on each garment, even though the total pack price exceeds ₹3,150.