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Recommendations of the 46th GST Council Meeting The GST Councils 46th meeting was held today in New Delhi under the chairmanship of Union Finance Corporate Affairs Minister Smt. Nirmala Sitharaman. The GST Council has recommended to defer the decision to change the rates in textiles recom
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FAQ :
The council decided to defer the decision to change GST rates in textiles, meaning the existing 5% rate will continue beyond January 1st, 2022.
No, textiles will continue to be taxed at 5% GST beyond January 1st, 2022.
The meeting was chaired by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman.
The issue will be sent to the rate rationalisation committee, which is expected to submit a report by February.
Textiles were the only issue discussed in this meeting.
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