Tag: GoM

KCC&I calls for immediate action on proposed GST hike for textiles, handicrafts

admin- December 9, 2024

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

admin- December 5, 2024

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

admin- December 4, 2024

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