TN had opposed 12% blanket hike on textiles, suggested slab
The Hindu
The hike has now been deferred; State Finance Minister Palanivel Thiaga Rajan had said it would dampen demand and farmers and MSMEs would be affected, just when the sector was recovering from the effects of the pandemic,
Opposing the proposed hike in GST on textile from 5% to 12%, the Tamil Nadu government on Friday had contended that the hike on fabrics, including handlooms manufactured from the natural fibre, will dampen demand and thereby farmers and MSMEs would be indirectly affected.
The GST Council later on Friday, .
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