Google News
logo
Current Affairs - 2021
The 46th GST Council meeting was called to discuss GST rate on which sector?
A)
Oil
B)
Health
C)
Textile
D)
Electronics

Correct Answer :   Textile


The Goods and Services Tax (GST) Council, in its 46th meeting, on Friday(31st Dec 2021) decided to defer the proposed hike in tax rate for the textiles sector to 12 per cent from 5 per cent, which was to be implemented from January 1. Status quo will be maintained for the GST rate for textiles as of now and a ministerial panel will review the rate structure by February, Finance Minister Nirmala Sitharaman said after the meeting.

Published On : December 31, 2021
Advertisement