GST rate will remain same


GST rate will remain same

Posted: @ 31 Dec 2021

The 46th Goods and Services Tax (GST) Council has unanimously decided to defer the proposed hike in GST on textiles from 5 per cent to 12 per cent. The matter will be discussed again in the next Council meet for future roadmap. The decision came today in a meeting chaired by Finance Minister Nirmala Sitharaman amid objections from states and the industry.

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