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Recommendations of 46th GST Council Meeting
Existing GST rates in textile sector to continue beyond 1st January, 2022
The GST Council’s 46th meeting was held today in New Delhi under the chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman.
The GST Council has recommended to defer the decision to change the rates in textiles recommended in the 45th GST Council meeting. Consequently, the existing GST rates in textile sector would continue beyond 1st January, 2022.
GST rate continuation recommended for textiles ensuring existing GST rates remain after the deferred tariff change. The GST Council recommended postponing the previously proposed tariff changes for textiles and directed that existing GST rates in the textile sector continue beyond 1 January 2022, maintaining the current tax treatment for textile supplies until a further Council decision.Press 'Enter' after typing page number.