IGST on import of footwear having a sale value not exceeding Rs.1000 per pair

In re Skechers South Asia Private Ltd (CAAR Mumbai) 45th GST Council meeting was held on 17.09.2021. In the meeting, GST rate changes in order to correct inverted duty structure in footwear was discussed. The fitment committee has proposed increasing the rate on footwear having sale value less than Rs 1000 to 12% from 5%. These rate changes are scheduled to be implemented with effect from 01.01.2022. Therefore, the present ruling will be valid till such changes in GST rate are implemented. In view of the foregoing discussions, I rule that the imported footwear of sale value of Rs. 1000 per pai...