GST rate on apparel, increase from 5% to 12% : Details Inside

 

Apparel, textiles and footwear are set to become costlier as Central Board of Indirect Taxes and Customs (CBIC) has notified an increase in their GST rate from 5% to 12%. The increased GST rate will be effective from January 1, 2022. However, GST rates on certain synthetic fibres and yarn have been lowered to 12% from 18%, making rates uniform.