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GST Council unlikely to correct inverted duty structure on textiles next month

Agenda for next meeting of GST Council in Madurai almost ready

The GST Council is unlikely to take up correcting inverted duty structure for textile anytime soon. Meanwhile, the Council in its next meeting will take up two issues–a circular for not imposing IGST on ocean freight and opening up windows for transitional credit beside reports by two Group of Ministers (GoM).

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