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46th GST Council Meeting: Existing GST rates in textile sector to continue beyond January 1, 2022

3 Jan 2022 , 11:24 AM

Goods and Services Tax, GST

The GST Council’s 46th meeting was held on Friday in New Delhi under the chairmanship of Union Finance & Corporate Affairs Minister Nirmala Sitharaman. The GST Council has recommended deferring the decision to change the rates in textiles recommended in the 45th GST Council meeting.

Consequently, the existing GST rates in the textile sector would continue beyond 1st January 2022.

States like Gujarat, West Bengal, Delhi, Rajasthan and Tamil Nadu had earlier said that they are not in favour of a hike in GST rate on textiles.

As per media reports, Delhi Deputy Chief Minister Manish Sisodia said the idea to hike GST on textiles is not people-friendly and this should be withdrawn. If a common man buys clothes of Rs1,000, he has to pay GST of Rs120.

“I will demand keeping the tax on textile low in the GST Council meeting tomorrow,” tweeted Sisodia on Thursday who is also minister in charge of Delhi government’s Finance department.

Related Tags

  • 45th GST Council meeting
  • 46th GST Council Meeting
  • GST Council
  • GST rates in textile sector
  • Manish Sisodia
  • Manish Sisodia on hike in textile
  • Nirmala Sitharaman
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