Professional Documents
Culture Documents
Shailja Singh
Research Scholar, Department of Commerce and Business
Management, Integral University Lucknow
Lucknow, Uttar Pradesh
ABSTRACT
Leather is one of the most traded commodities in the Kanpur, Agra, Saharanpur, Noida; Maharashtra-
Maharashtra
world. The leather industry occupies a prominent Mumbai; Punjab- Jalandhar; Karnataka-
Karnataka
place in Indian economy
conomy due to substantial export Bangalore; Andhra Pradesh-
Pradesh Hyderabad; Haryana-
earnings. The Indian Leather industry accounts for Ambala, Gurgaon, Punchkula, Karnal, Faridabad,
around 12.93% of world’s leather production of hides Delhi; Madhya Pradesh- Devas; Kerala- Calicut,
and skins. The country ranks second in terms of Ernakulum; Rajasthan- Jaipur; Jammu& Kashmir-
Kashmir
footwear and leather garments production in the world Srinagar.
and accounts for 9.57% in world’s footwear
production. EXPORT HIGHLIGHTS
Source: https://cleartax.in/s/gst-law-goods
goods-and-services-tax#adv
Raw hides and skins of bovine (including buffalo)
METHODOLOGY or equine animals (fresh,sh, or salted, dried, limed,
pickled or otherwise preserved, but not tanned,
The present study is based on secondary data. The parchment dressed or further prepared), whether
data has been collected from Council for Leather or not dehaired or split.
Exports, GST Guide Book and Ministry of Commerce Raw skins of sheep or lambs (fresh, or salted,
and Industry. dried, limed, pickled or otherwise preserved, but
not tanned,ed, parchment dressed or further
RATE OF GST (GOODS AND SERVICE
prepared), whether or not with wool on or split.
TAX) PAYABLE FOR LEATHER, SKINS,
Other raw hides and skins (fresh, or salted, dried,
RAW HIDES ETC IN INDIA
limed, pickled or otherwise preserved, but not
GST Rates for leather and leather products are tanned, parchment dressed or further prepared),
defined under chapters 41 and 42 respectively whether or not dehired or split.
s
of HSN Code of GST Guide. Tanned or crust hides and skins of bovine
GST Rates for Leather Skins and Raw Hides (including buffalo) or equine animals, without hair
All goods under chapter 41 of HSN code on, whether or not split, but not further prepared.
pertaining leather, raw hides and skin attract Tanned or crust hides and skins of other animals,
GST at 5% and 12%. without wool or hair on, whether or not split, but
Leather and Raw Hides attracting 5% not further prepared.
Raw hides, skins, tanned or crust hides and skins,
not further prepared.
@ IJTSRD | Available Online @ www.ijtsrd.com | Volume – 2 | Issue – 2 | Jan-Feb 2018 Page: 855
International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456-6470
billion and employment of about 4.5 million, with DATA AVAILABE ON:
predominant women employment. WWW.INDIAFILINGS.COM/LEARN/GST-RATE-
LEATHER-LEATHER-PRODUCTS
Thus, from the above study we can say that GST has a
negative impact on Leather Industry and there is an 1. www.seair.co.in/hs-codes/chapter-41-raw-hides-
urgent need for government interventions in order to skins-furskins-leather.aspx
protect the interests of the leather industry and to
achieve envisaged 10 percent export growth.
REFRENCES
1. https://www.ibef.org/exports/leather-industry-
india.aspx
2. https://retail.economictimes.indiatimes.com/news/
industry/leather-industry-seeks-governments-
intervention-on-gst-issues/60936087
3. https://cleartax.in/s/raw-hides-skins-leather-gst-
rate-hsn-code
4. http://www.livemint.com/Industry/5jwZeq7GEAX
2O5qwRnd4aK/GST-rates-Footwear-to-cost-
more-as-firms-look-to-hike-price.html
5. http://www.business-
standard.com/article/economy-policy/leather-
exports-may-dip-by-20-if-gst-related-issues-go-
unheeded-cle-117092600872_1.html
6. http://www.businesstoday.in/current/economy-
politics/gst-refund-exports-jump-november-
export-data-india-exporters/story/266103.html
7. http://commerce.gov.in/
8. http://leatherindia.org/
@ IJTSRD | Available Online @ www.ijtsrd.com | Volume – 2 | Issue – 2 | Jan-Feb 2018 Page: 856