FM #NirmalaSitharaman briefs the media after a #GST meeting which was called under the 'emergency provision', says it was a brief meeting with one agenda
"Gujarat FM requested for deferment of decision taken in the Sept Council meet on inversion of tax structure."*Thread* pic.twitter.com/cNWj4vZ0Cp— CNBC-TV18 (@CNBCTV18Live) December 31, 2021
Finance Minister says decided to defer the correction of inverted duties for #textiles.#Textiles will again be referred to the 'rate rationalisation panel'. pic.twitter.com/CokdS9vqG7
— CNBC-TV18 (@CNBCTV18Live) December 31, 2021
GST Council has decided to defer the hike in GST rate on textiles (from 5% to 12%). The Council will review this matter in its next meeting in February 2022: Bikram Singh, Industry Minister, Himachal Pradesh on GST Council meeting in Delhi pic.twitter.com/3BM4MJxeFJ
— ANI (@ANI) December 31, 2021
#CNBCTV18Exclusive | Sources tell @TimsyJaipuria, @GST_Council unanimously decides to defer hike in GST on textiles from 5% to 12%.
GST Rate hike on textiles from 5% to 12% was to come into effect from January 1.@ShereenBhan pic.twitter.com/VCqDxaDVTV— CNBC-TV18 (@CNBCTV18Live) December 31, 2021
GST Meet | Proposed hike in GST on textile could not have come at a more inopportune time. Textile industry is limping back to normalcy from the onslaught of COVID pandemic, says Tamil Nadu Finance Minister pic.twitter.com/uOJZWovU9n
— CNBC-TV18 (@CNBCTV18Live) December 31, 2021