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FM: Organized traders and unorganized sellers in Textile Sector have not been affected by the Goods and Services Tax (GST)

Goods and Services Tax - GST - Dated:- 18-7-2017 - In a written reply to a Starred Question in Rajya Sabha today, the Union Minister for Finance, Defence and Corporate Affairs, Shri Arun Jaitley said that the organized traders and unorganized sellers .....

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nded the detailed rate structure for the textile sector. Accordingly, the GST rates for the textile sector have been notified as under: S. No. Type of fibre/filament GST rate Fibre Yarn Fabrics* Garments and made ups** 1. Silk Nil 5% 5% 5% / 12% 2. W .....

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made ups of sale value not exceeding ₹ 1000 per piece. (ii) 12% GST rate for garments / made ups of sale value exceeding ₹ 1000 per piece. Thus, the GST rate structure for the Textiles Sector enables ease of classification and determinat .....

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