The GST Council, has decided to impose 12% GST on all textile products except cotton to correct inverted duty structure in the sector. The new rates will be effective from January 1, 2022.
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The GST Council, has decided to impose 12% GST on all textile products except cotton to correct inverted duty structure in the sector. The new rates will be effective from January 1, 2022.
The government is planning a major revamp of its flagship incentive scheme for capital investments in the textile and garment sector to improve its performance.
The government is planning a major revamp of its flagship incentive scheme for capital investments in the textile and garment sector to improve its performance.
The government is planning a major revamp of its flagship incentive scheme for capital investments in the textile and garment sector to improve its performance.
The government is planning a major revamp of its flagship incentive scheme for capital investments in the textile and garment sector to improve its performance.
The textile and clothing industry has sought a uniform 5% Goods and Services Tax (GST) across the textile value chain.