Related Keywords: brought down from eighteen to five percent, duly addressed by Finance Minister Arun Jaitley, during a press conference, entire textile chain, GST Council, GST on the job work, job work implies, manufacturer sending goods, out of the factory, Smriti Irani, specialized processing job, Union Textile Minister, without having to pay taxes
Union Textile Minister Smriti Irani responding to a question during a press conference today said that 'GST on the job work has been brought down from 18 to five per cent.
It has been duly addressed by Finance Minister Arun Jaitley and the GST Council.
The concern of the textile industry has been addressed by reducing GST rates on job work of textile yarn and fabric manufacturing from 18 to 5 percent and this has been done for the entire textile chain.
