Chairman, MATEXIL Welcomes Rectification of Inverted Duty Structure for MMF Textiles

Chairman, MATEXIL Welcomes Rectification of Inverted Duty Structure for MMF Textiles

Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], September 16: The GST Council, at its 56th Meeting held on 3rd September 2025, approved the rationalization of GST rates by moving to a two-slab structure of 5% and 18%, abolishing the existing 12% and 28% rates. These revised rates will come into effect from 22nd September 2025. Business News | Chairman, MATEXIL Welcomes Rectification of Inverted Duty Structu…