GST Council may discuss uniform 12% rate for textile sector by September

A proposal to introduce a uniform 12 percent Goods and Services Tax (GST) across the textile value chain may be taken up by the GST Council before September as part of the next phase of GST reforms, a senior government source told Moneycontrol. The plan, which may form part of the Group of Ministers’ (GoM) rate rationalisation report, is said to be backed by the Centre. It seeks to correct the inv…