https://www.taxtmi.com/article/detailed?id=10162 The GST Council deferred a proposed increase in GST rates for the textile sector so that existing rates continue beyond the intended effective date, intending to support small and medium taxpayers; the author endorses building consensus before future hikes and recommends reducing GST on textile raw materials to address the inverted duty structure. The deferment does not extend to footwear, which the author criticises as exposed to higher rates and urges similar relief to protect employment and sector sustainability. en-us Sat, 01 Jan 2022 11:25:51 +0530 Sat, 01 Jan 2022 11:25:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10162 The GST Council deferred a proposed increase in GST rates for the textile sector so that existing rates continue beyond the intended effective date, intending to support small and medium taxpayers; the author endorses building consensus before future hikes and recommends reducing GST on textile raw materials to address the inverted duty structure. The deferment does not extend to footwear, which the author criticises as exposed to higher rates and urges similar relief to protect employment and sector sustainability. Articles Goods and Services Tax - GST Sat, 01 Jan 2022 11:25:51 +0530 https://www.taxtmi.com/article/detailed?id=10162