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GST Council lowers rate on Textile Job-Work

Circular No.ES/133/2017-18                                                                                   August 07, 2017

To: Members of the Council

Sub:  GST Council lowers rate on Textile Job-Work

Dear Member,

We are glad to inform you that the GST council has revised the rates on Textile Job Work. Now the GST Rate on Textile Job Work has been reduced from 18% to 5% across the entire textile chain.

The above decision was taken by the GST Council in its 20th Meeting held on 5th August, 2017

The Council has been representing to the Government for lowering the rates on job-work across the textile value chain. Reduction in the goods and services tax (GST) rates on job work of textile yarn and fabric manufacturing to 5% from 18% will give a boost to the small and medium-sized enterprises (SMEs) in weaving, knitting, dyeing, embroidery, printing, washing, stitching, ironing and others.

This decision will bring relief to the SMEs and improve the efficiency in whole textile manufacturing chain.

The Relevant Extract of the Decisions taken on Services at 20th GST Council Meeting held on 5 August, 2017 is given below :

S. No.

Description of service

From

To

1.

Job work services in respect of the textiles and textile products (including MMF yarn, garments, made-ups, etc. falling in Chapters 50 to 63)

18% / 5%

5%

Members please make a note of the above changes.

Thanking you,

V. ANIL KUMAR
EXECUTIVE DIRECTOR

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