Indian textile industry has welcomed the reduction of service tax rates for job work services in respect of textiles and textile products including MMF yarn, garments, made-ups, etc. falling in Chapters 50 to 63 from 18 per cent to 5 per cent. The industry thanked GST Council and Textiles Minister Smriti Irani for considering the representation and bringing the entire textile job works under the service list of 5 per cent GST.

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