CBIC Vide Notification No. 14/2021-Central Tax (Rate) dated 18.11.2021 has increased the Rate of GST on Apparel, Fabric and Footwear from 5% to 12% w.e.f. 01.01.2022.

To correct the inverted duty structure for textiles and footwear under the Goods and Services Tax (GST) regime, the Finance Ministry has notified a uniform 12 per cent rate for manmade fibre (MMF), yarn, fabrics and apparels, along with a 12 per cent uniform rate for footwear. The GST Council had taken the decision to correct the inverted duty structure for these two categories in its meeting in September, with the changes to be effective from January 1st 2022.

Download the official Notification with below link: