source Economic Times
High light of CBIC notification are as follows
Increase in goods and service tax rate of various kinds of textiles, apparel and footwear to 12% from 5% earlier, which will be effective from January 1, 2022.
certain synthetic fibres and yarn have been lowered from 18% to 12%
The latest notification specifies that GST rate on article of apparel of any value will be 12%, from next year
GST rate for Woven fabrics, Sewing thread of man-made filaments, Synthetic filament yarn other than sewing thread, synthetic monofilament, Artificial filament yarn including artificial monofilament, has been increased from 5% to 12%
Knotted netting of twine, cordage or rope made up of fishing nets and other made up nets, of textile materials, pile fabrics, terry fabrics, knitted or crocheted, blankets and travelling rugs, bed linen, table linen, toilet linen and kitchen linen, curtains and interior blinds, sacks and bags, of a kind used for the packing of goods, tarpaulins, awnings and sun-blinds, will also be taxed at 12%.
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