Footwear’s Tax Puzzle: Sale Value, MRP and the Slab Shuffle
By Amit Chopra GST on footwear is a high-stakes game of hopscotch. Up to ₹2,500 per pair? You pay 5%. Just one rupee over? Boom – 18%. A shoe with an MRP of ₹3,000 clearly lands in the higher slab. But knock it down to ₹2,400 with a discount and suddenly GST drops to 5%. […]