;
Home / Knowledge / News / Textiles / Reduced GST on 178 items in India effective from Nov 15
Reduced GST on 178 items in India effective from Nov 15
17
Nov '17
Reduced GST on 178 items in India effective from Nov 15
The rate changes on goods and services tax (GST) on 178 items recommended at the 23rd meeting of the GST Council held on the November 10 became effective from November 15. The tax on these items has been reduced from 28 to 18 per cent. There will be a corresponding reduction in maximum retail prices of these goods, according to an official press release.

The goods include articles of apparel and clothing; accessories of leather, guts, furskin, artificial fur and other goods, such as saddlery and harness for any animal; crankshaft for sewing machine; tailor’s dummies, bearing housings, gears and gearing; ball or roller screws, gaskets; furniture; mattress, bedding and similar furnishing. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

ILO, Sweden to promote decent work in Asian garment sector

Apparel/Garments | On 19th Dec 2018

ILO, Sweden to promote decent work in Asian garment sector

The Swedish International Development Cooperation Agency (SIDA)...

Courtesy: Ikea

Apparel/Garments | On 19th Dec 2018

Ikea to generate 10,000 jobs in Maharashtra over 3 yrs

Swedish furniture company Ikea is planning to hire 10,000, both...

ADB retains India's growth forecast at 7.3% for 2018-19

Textiles | On 19th Dec 2018

ADB retains India's growth forecast at 7.3% for 2018-19

The Asian Development Bank (ADB) has retained its India gross...

Interviews View All

Ajay Ghariwala, Luthra Group

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Top executives, Textile industry

Top executives
Textile industry

Textile institutes need to change their curriculum

Janak Dhamanwala & Sunil Dhamanwala, Jansun

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Ravindra Jain, Ashish Baid,

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Oliver Schmitz,

Oliver Schmitz

Germany-based Gmöhling is a leading manufacturer of aluminium containers...

Tom,

Tom

<div>Inkbank is a leading supplier of inkjet inks and inkjet printing...

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


December 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search