Increase in GST rates in the textile industry will be effective from 1st January 2022. Notification 14/2021 - Central Tax (Rate) and Notification 15/2021 - Central Tax (Rate) dated 18th November 2021 have been issued in this regard. This video provides a solution of how to deal with such increase in rates. It covers all possible impacts to the industry.
Follow this link to download the notifications and to download the table of Change in Effective Rate of tax -
https://gstlearninghub.com/index.php/2021/11/21/gst-rates-increased-for-textile-industry-how-to-deal-with-the-increase-in-rates/
gstgst on clothgst on textiles industry
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