Apparel and Textile News Trade Info News

GST council changed 18 % to 12 % rate for MMF yarn

The GST Council at its 22nd meeting in New Delhi has decided to reduce the Goods and Services Tax (GST) rate on man-made yarn from 18 per cent to 12 per cent. The GST on job work of zari (embroidery) has also been dropped from 12 per cent to 5 per cent, finance minister Arun […]