1. GST rates on tailoring services reduced from 18% to 5%.

2. GST charge on Common Effluent Treatment Plant services brought down from 18% to 12%, making the cost of coloured fabric more competitive.

3. Bringing relief to exporters, no service tax will be charged on transportation charges by air and ship outside India.

4. Addressing the long standing demand, GST rates on Velvet fabric reduced from 12% to 5%.

5. GST rates on handicraft items with HSN codes 4601, 4602 and description-Articles of straw, of esparto or of other plaiting materials; basketware and wickerwork reduced from 12% to 5%.  Benefits provided to Textile Sector in 25th council meeting

 

 

More Under Goods and Services Tax

2 Comments

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

June 2021
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930