GST Council, in its 55th meeting chaired by India’s Finance Minister Nirmala Sitharaman, decided to maintain the current tax rates on ready-made garments.
The proposal included raising GST to 35 per cent on high-end garments but faced strong opposition from the textile industry.
The meeting did not address or discuss the proposed tax hike.
GST Council, in its 55th meeting chaired by India’s Finance Minister Nirmala Sitharaman, decided to maintain the current tax rates on ready-made garments.
The proposal included raising GST to 35 per cent on high-end garments but faced strong opposition from the textile industry.
The meeting did not address or discuss the proposed tax hike.