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Tag: Tax

CMAI Press Release on Eve of GST Meeting
Apparel and Textile News Events and Exhibitions News National News Trade Info News

GST Rates to Deal Body Blow to Garment Manufacturers?

Continuous reports indicating that garments priced above ₹2,500 may soon fall into the 18% GST slab—up from the current 12%—have triggered widespread concern in the apparel industry. Despite repeated assurances from policymakers, this potential GST hike has reignited fears of a severe disruption in a sector already weakened by the ongoing American tariff wars. If […]

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