Thursday, December 30, 2021

Higher GST on textiles, footwear unlikely today

The industry and various states have opposed the increase in the tax to 12% from 5% effective January 1, citing higher compliance cost, especially for the unorganised sector and MSMEs, and claiming that it will make poor man's clothing expensive.

from Economy-News-Economic Times https://ift.tt/3eCjaZt
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