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NEW DELHI: The GST Council revised rates on 19 services on Saturday, including

reducing the job work rate in the textiles sector to 5% from 18%, as finance
minister Arun Jaitley appealed to businesses to pass on the benefits of the tax
reform measure.
The reduction in the rate of job work will be applicable across the entire textile
chain and takes care of the concerns of the industry which has been pushing for
reducing the rate for any job work linked to knitting, dyeing, embroidery,
printing, washing, stitching, ironing and others.
The council, in its 20th meeting in the capital, also approved the e-way bill rules
to ensure seamless movement of goods. The rules specify pre-registration of all
goods worth over Rs 50,000 before they are moved for sale beyond 10km. It will not
be applicable for exempted goods and the unified e-way rules are likely to be in
place by October 1.
This will help end inspector raj as the process would largely be driven by
technology. "The Council decided to implement e-way bill across the country....
There will be no check posts and the entire process will be technology driven,"
Jaitley said after the meeting of the panel.

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