India’s textile, apparel, and retail sectors are raising alarms over proposed GST revisions, fearing significant impacts on pricing, manufacturing, and consumer demand.
The suggested rate changes could shift garments priced between ₹1,500 and ₹10,000 to a higher 18 per cent GST bracket, and over ₹10,000 to 28 per cen.
Industry leaders urge the government to reconsider these revisions.
The suggested rate changes could shift garments priced between ₹1,500 and ₹10,000 to a higher 18 per cent GST bracket, and over ₹10,000 to 28 per cen.
Industry leaders urge the government to reconsider these revisions.
