GST Council decides to defer hike in GST rate on textiles: HP Industry Minister

Dec 31, 2021

New Delhi, Dec 31 (ANI): While speaking to ANI, Himachal Pradesh Industry Minister Bikram Singh on December 31 informed that the GST Council has decided to defer the hike in GST rate on textiles from 5 per cent to 12 per cent. “The Council will review this matter in its next meeting in February 2022,” said the Minister. The decision was taken in the 46th GST Council meeting that was chaired by the Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman in Delhi on December 31.