Page 9 - Daily News_20211103

Drop proposed tax rate hike on textiles: Chamber

Madurai: The Tamil Nadu Chamber of Commerce and Industry has said
that the GST council should drop its proposal to increase the base rate of

GST on textiles and clothing from 5% to 12% from January 1, 2022.
President of the chamber, Dr N Jegatheesan, has said that the traders
and industrialists engaged in the textiles and clothing business are
perturbed and shocked due to the GST council’s proposal to increase the

GST base rate on textiles and clothing.

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