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Garment makers want GST to be cut to 5% from 12%
The Clothing Manufacturers Association (CMAI) of India has urged the Centre to reduce GST on all readymade garments to 5 per cent from 12 per cent and retain the same on all types of cotton yarn, synthetic yarn, fabrics and made-ups.
Clothing Manufacturers Association Of India, GST, Readymade Garments, Centre, Babubhai S Ayar, Chairman Of Ashish Domestic Garments Manufacturers Association, Ex-Vice President Of CMAI, SSI, Textile Policy, Asmita Apparel Park, Fibre, Yarn
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NTP is in right direction says Gokaldas Exports’ MD
The National Textile Policy is expected to target investments worth Rs 10,000 crore and exports of $100 billion. Sivaramakrishnan Ganapathi, MD, Gokaldas Exports and P Sundararajan, CMD, SP Apparels giving insights to the policy said it is set to boost the Indian textile industry.
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