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Finance Ministry notifies 12% GST on manmade fibre, yarn, fabrics from Jan 1; corrects duty anomaly

The finance ministry has notified uniform 12 per cent GST rate on manmade fibre, yarn, fabrics and apparel. ....

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Tamil Nadu textile firms seek govt help to tap man-made fibre clothing segment

Tamil Nadu textile firms seek govt help to tap man-made fibre clothing segment
The industry wants the Standing Committee on Labour to recommend removing anti-dumping duty and also slotting the entire MMF value chain under 5 per cent GST rate, among other things
Joe C Mathew | January 20, 2021 | Updated 04:51 IST
The textile manufacturers of Tamil Nadu have called for conducive government policies to make India a major player in man-made fibre (MMF) textiles and clothing products globally. They sought certain tweaks in the soon to be implemented labour laws and permission for liberal import of MMF yarn by removing anti-dumping duty on MMF raw materials. ....

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