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New York exempts sales tax on clothing below $55
02
Apr '11
Beginning from April 1, New York State has eliminated sales tax on clothing costing below $55 per piece.

Garments that cost less than $55 per item will be exempt from the four percent sales tax, collected by the state.

Under the previous exemption rules, the four percent sales tax exemption was available to clothing and footwear items costing less than $110.

However, in order to offset the State's budget deficit, the legislators ended this exemption from October 1, last year.

The items used to prepare or repair clothing would also qualify for this exemption.

Fibre2fashion News Desk - India


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