The Goods and Services Council has decided to fix the inverted duty charges on readymade clothes from January 1 in 2022. The fix in the duty can increase the prices of readymade apparel from January 1 onwards. TO READ MORE: https://english.jagran.com/business/readymade-garments-to-get-more-expensive-from-january-1-heres-what-we-know-details-10032447
The GST Council, with a view to address the issue of inverted duty structure in the textile industry, has decided to change the GST rates applicable on fabrics and garments with effect from 1st January. TO READ MORE: CMAI Recommends Flat 5% GST Across Value Chain
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