Tag: GoM
Garment Trade Associations across India urge GoM to drop the proposed GST rate changes
The main aim of the meeting was to foster a united, collective approach to secure long-term growth. In a unique initiative towards strengthening the domestic ... Read More
KCC&I calls for immediate action on proposed GST hike for textiles, handicrafts
According to the proposal, textiles priced between Rs 1,500 and Rs 10,000 would be taxed at 18 per cent, while textiles exceeding Rs 10,000 would ... Read More
Apparel industry upset with GoM’s proposed GST hike as it will affect growth
The proposed GST rate hike risks severely disrupting the formal retail sector by driving both consumers and businesses toward informal channels. The Group of Ministers ... Read More
GST GoM suggests rate changes for 148 items, textile sector braces for overhaul
The proposed changes are expected to be revenue-positive and are likely to be discussed at the upcoming GST Council meeting on December 21. The GST ... Read More