
Chairman, MATEXIL Welcomes Rectification of Inverted Duty Structure for MMF Textiles
Sep 16, 2025
Mumbai (Maharashtra) [India], September 16: The GST Council, at its 56th Meeting held on 3rd September 2025, approved the rationalization of GST rates by moving to a two-slab structure of 5% and 18%, abolishing the existing 12% and 28% rates. These revised rates will come into effect from 22nd September 2025.
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