Related Keywords: Advance Authorisation Scheme, embroidery, EPCG, exempting export promotion schemes, GST levy on job work of zari, latest revision in GST rates, payment of GST till March end next year, reduced from 18 percent to 12 percent, slashed to 5 percent from 12 percent, spurt in investment, Tax rates on man-made yarn, Textile Industry
The Country’s finance minister Arun Jaitley on Friday announced latest revision in the goods and services tax (GST) rates. Tax rates on man-made yarn is reduced from 18 percent to 12 percent, while slashing GST levy on job work of zari (embroidery) to 5 percent, from the previously agreed upon rate of 12 percent.
