Gst On Textile Sector

The traders in Surat have called off their two-week-long strike against the imposition of five per cent GST on textiles following the Centre's assurance to look into their demand for its rollback.

The GST or Goods and Services Tax Council met on Sunday to review demands raised by 133 industries seeking change from the fitments originally made under the four-slab indirect tax structure. Chaired by Union Finance Minister Arun Jaitley, the Council lowered the tax rate for 66 items of common use. While taxes on packaged foods and school bags and...

The traders in Surat have called off their two-week-long strike against the imposition of five per cent GST on textiles following the Centre's assurance to look into their demand for its rollback.

The GST or Goods and Services Tax Council met on Sunday to review demands raised by 133 industries seeking change from the fitments originally made under the four-slab indirect tax structure. Chaired by Union Finance Minister Arun Jaitley, the Council lowered the tax rate for 66 items of common use. While taxes on packaged foods and school bags and...