Husker Posted November 20, 2021 Share Posted November 20, 2021 The government has increased goods and services tax (GST) applicable on finished products such as apparel, textiles and footwear from 5 percent to 12 percent, effective January 2022. This was notified by the Central Board of Indirect Taxes and Customs (CBIC) on November 18. GST rate on fabrics has been increased to 12 percent from 5 percent from January 2022 and GST on apparel of any value has been increased to 12 percent, compared to earlier when pieces priced up to Rs 1,000 were subject to 5 percent GST. Rates for textiles (including woven fabrics, synthetic yarn, pile fabrics, blankets, tents, accessories such as tablecloths or serviettes, rugs and tapestries has also been increased from 5 percent to 12 percent and that of footwear of any value has been hiked from 5 percent (up to Rs 1,000/pair) to 12 percent. The Clothing Manufacturers Association of India (CMAI) on November 19 said it was “deeply disappointment" at the government’s decision to hike GST rates on apparel, reports said. https://www.moneycontrol.com/news/business/economy/gst-on-apparel-textiles-and-footwear-up-from-5-to-12-effective-january-7742081.html?s=09 Link to comment Share on other sites More sharing options...
sskmaestro Posted November 20, 2021 Share Posted November 20, 2021 Petrol meeda taghinchi idhi penchaaraaa…… UP elections ayyaka petrol Malli increase avtundi…. Appudu idhi taggadu….. Link to comment Share on other sites More sharing options...
Uravakonda Posted November 21, 2021 Share Posted November 21, 2021 Master stroke to boost Indian economy. Hats off to Modi. Inka memu 70 years lo record highest GST vasoollu ani University templates ready chesi pettukuntam. Bharath matha ki Jai! Link to comment Share on other sites More sharing options...
kanagalakiran Posted November 21, 2021 Share Posted November 21, 2021 1 hour ago, sskmaestro said: Petrol meeda taghinchi idhi penchaaraaa…… UP elections ayyaka petrol Malli increase avtundi…. Appudu idhi taggadu….. Anthe….ga.. Link to comment Share on other sites More sharing options...
chaitu_ntr Posted November 21, 2021 Share Posted November 21, 2021 Good Job Modi for making people work hard more Link to comment Share on other sites More sharing options...
Sunny@CBN Posted November 21, 2021 Share Posted November 21, 2021 Ante December lopu shopping cheseyyali mata. Lol. Link to comment Share on other sites More sharing options...
Raaz@NBK Posted November 21, 2021 Share Posted November 21, 2021 4 hours ago, chaitu_ntr said: Good Job Modi for making people work hard more Clothes chirigipothai ani footware arigipothai ani janaalu work cheyadam manestaaru emo bro.. Link to comment Share on other sites More sharing options...
dusukochadu Posted November 21, 2021 Share Posted November 21, 2021 Baffas be very careful with whatever pro arguments you are gonna post here for this step. Tomorrow this might be repealed like farm laws and all your arguments will be futile. This gov. is already known for taking spineless and thoughtless decisions. Link to comment Share on other sites More sharing options...
kanagalakiran Posted November 22, 2021 Share Posted November 22, 2021 So to reduce cloth expenses we should quit wearing drawers 😊😊 pakoda naayalu gaadu Link to comment Share on other sites More sharing options...
BalayyaTarak Posted November 22, 2021 Share Posted November 22, 2021 Aghora la laga janalu maaralemo ee badudu tattukovali ante Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.