Textile sector decries Centre's 'Inverted Duty Structure' on fabrics

Hosiery, knitwear, fabric, textile traders and garment manufacturers bodies in West Bengal have expressed concern over the Centre's proposed plan to increase GST basic rate of 5 per cent to 12 per cent on Fabrics and Garments below Rs 1,000 in the pretext of 'Inverted Duty Structure' from January 1, 2022.

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