NEW DELHI: GST rates will not be revised unless there is an anomaly or the rates are unjustified, CBEC Chairperson Vanaja Sarna said on Wednesday. Her comments came in the wake of textile traders’ demand of lowering five per cent GST on textiles.
“It is an issue that has snowballed but it is not something which cannot be settled… The issue is that textile sector is taxed for the first time. So anybody who comes into the net would feel the pinch,” Sarna said at a CII event here.
Yesterday, the traders in Surat called off their two- a week-long strike against five per cent GST following the Centre’s assurance to look into their demand of rollback. She further said: “Unless there is something not fully justified. ..unless there is an anomaly, I don’t think there is a reason to look at any rates at the moment.”