GST Regime Archives - Indian Apparel

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RAI’s View on Proposed GST Hike for Premium Apparel, Accessories, and Cosmetics

The Retailers Association of India (RAI) expresses concern over the proposed GST rate increases, as they could have far-reaching consequences on both the formal retail sector and consumer sentiment. Here are our key observations: Risk to Formalisation and Rise of Informal Trade: The GST regime has been pivotal in formalising businesses in India, fostering a structured […]

appareladmin
December 4, 2024
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India apparel exports continue to remain unstable

Apparel and Textile News Trade Info News

India’s apparel exports continue to remain unstable

The global apparel trade not showing any signs of uptick amid subdued demand trends in the key importing countries while India’s apparel exports continue to remain volatile and not encouraging. The latest trends point towards a third consecutive year of decline in global apparel trade, ICRA report. Jayanta Roy, Senior Vice-President and Group Head, Corporate […]

appareltalk
August 29, 2017
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343 Views

Apparel and Textile News Ministry of Textiles News

The Handloom weavers not under the GST regime

Minister of state for textiles Ajay Tamta has said in the Rajya Sabha that the Handloom weavers do not come under the GST regime as their total turnover is below Rs 20 lakh and subsidy worth Rs 6,000 crore has been allocated for the sector. He said in order to encourage the setting up of […]

appareltalk
August 4, 2017
3 Comments
381 Views

Apparel and Textile News Trade Info News

MMF prices to be increased for GST

The textiles industry faces a unique issue in the presence of a differential duty structure both in different fibre value chains and within specific value chains too. This situation was prevalent in the earlier tax regime and is still relevant for the new GST regime. The result of such a structure is the accumulation of […]

appareltalk
July 27, 2017
13 Comments
494 Views

Apparel and Textile News Events and Exhibitions News

198 exhibitors took part in Heimtextil, Ambiente India

Heimtextil India and Ambiente India, held during July 20-22 in New Delhi. The start of the pre-festive retail season with many exhibitors confirming to have received orders at one-on-one buyer-seller meets. About 198 exhibitors and 7,457 visitors attended the fairs. Ajay Arora, managing director, D’decor said, “Increased customer walk-ins and over 130 new inquries – […]

appareltalk
July 26, 2017
6 Comments
380 Views

IPDS Boosts Green Textile Infrastructure In India

Green Textiles Gain Momentum With Credit Score And

MSME Competitiveness Boosted By Government Initiatives

MSME Ministry Hosts First National Workshop On ODR

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IPDS Boosts Green Textile Infrastructure In India

Green Textiles Gain Momentum With Credit Score And Green Fund