Indian textile and apparel industry is urging the GST Council to adopt a uniform 5 per cent rate across the value chain to avoid inverted duty structures.
Ahead of the 56th Council meeting, SIMA and CMAI have warned that a proposed 18 per cent levy on garments priced above ₹2,500 would hurt winter wear, wedding attire, and artisan-made clothing.
Ahead of the 56th Council meeting, SIMA and CMAI have warned that a proposed 18 per cent levy on garments priced above ₹2,500 would hurt winter wear, wedding attire, and artisan-made clothing.
