... lakh textile units and losses of 15 lakh jobs in India.
West Bengal’s former finance minister Amit Mitra has urged Union finance minister Nirmala Sitharaman to call a GST Council meeting urgently and ...
Federation of Gujarat Weavers Welfare Association (FOGWA), Federation of Surat Textile Traders Association (FOSTTA) & Federation of Indian Art Silk Weaving Industry (FIASWI) all are skeptical of GST revised ...
27 December 2021, Mumbai:
Textile traders in Telangana have launched a postcard campaign opposing the proposed hike in Goods and Services Tax (GST) on textiles and certain apparel from January 1, 2022. ...
25 December 2021, Mumbai:
India’s Treasury Minister Nirmala Sitharaman rejected the Ministry of Textiles’ proposal to postpone the Goods and Services Tax (GST) hike from 5% to 12% of current textiles ...
... the tax increase on January 1, 2022.
As the GST Council previously made the decision to increase the textiles GST rates from 5% in many categories to 12%, the central government remains set on going ...
23 December 2021, Mumbai:
Textile merchants and traders are worried about the impact of their business when the increased GST of 12% will come into effect from January 1 across the country and how their ...
23 December 2021, Mumbai:
The proposed change in Goods and Services Tax (GST) with effect from January 1 is helping micro, small and medium enterprises (MSMEs) manufacturing polyester and blended fabric ...
23 December 2021, Mumbai:
V-Mart will pass on the full seven percentage point GST rate hike on apparel. If this is not allowed, the fashion retailer will cut discounts to mitigate the cost impact.
GST ...
23 December 2021, Mumbai:
AIADMK top leader O Panneerselvam on Tuesday urged the Centre to ensure that the GST slab rate is brought down to 5 per cent on textile and apparel items.
In the wake of the ...
23 December 2021, Mumbai:
Despite concerns expressed by the industry, the government is unlikely to defer the implementation of higher Goods and Services Tax (GST) on certain textile products, as the ...
... Trends, and regional chains such as V2 Retail.
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How GST shapes fashion choices
Industry bodies such as the Clothing Manufacturers Association of India (CMAI) attribute the segment’s ...
... logic behind the value boom
The government’s GST rationalization setting a 5 per cent tax on apparel up to Rs 2,500 has turbocharged consumption in the value and mid-market price bands. As per Crisil ...
... the Goods and Services Tax (GST) rationalization.
Know More
The reform, rolled out in the September quarter, has not only corrected a long-standing structural anomaly in the textile value chain but ...
... Trends, and regional chains such as V2 Retail.
Join our community
How GST shapes fashion choices
Industry bodies such as the Clothing Manufacturers Association of India (CMAI) attribute the segment’s ...
... logic behind the value boom
The government’s GST rationalization setting a 5 per cent tax on apparel up to Rs 2,500 has turbocharged consumption in the value and mid-market price bands. As per Crisil ...
... the Goods and Services Tax (GST) rationalization.
Know More
The reform, rolled out in the September quarter, has not only corrected a long-standing structural anomaly in the textile value chain but ...