Arvind Fashions reports 25% growth in footwear as GST reduction boosts consumer demandArvind Fashions' CEO Amisha Jain reported a settlement in BIS certification disruptions, leading to over 25% year-on-year growth in the foo...
04 Nov, 2025, 08.03 PM IST
Festive cheer toys, textiles & footwear basking in GST shineSmall businesses are experiencing a welcome boost, with GST rate cuts and the festive season driving demand in sectors like toys, textiles,...
10 Oct, 2025, 12.00 AM IST
GST 2.0: Ecomm sellers, brands face working capital strainEcommerce sellers in categories like apparel and handicrafts are bracing for a short-term cash crunch due to higher input tax paid on unsol...
22 Sep, 2025, 09.08 AM IST
Retailers, malls stock up and roll out discounts ahead of GST rate cut, festive rushRetailers and malls in India, including DLF Retail, Tata Cliq, and Croma, are preparing for a surge in sales ahead of the Goods and Service...
21 Sep, 2025, 11.30 PM IST
GST rate cuts lower apparel and footwear prices but retailers trim discountsApparel and footwear brands will pass on GST benefits to consumers. Prices will drop for items under ₹2,500. Discounts from retailers' marg...
20 Sep, 2025, 06.52 PM IST
GST reforms most positive for footwear, quick restros, FMCG, grocery retailers: ReportBernstein reports that GST rate cuts will likely boost India's consumption. Footwear, QSRs, FMCG, and grocery retailers may benefit. Person...
06 Sep, 2025, 01.47 PM IST
Amber Enterprises, Trent among key winners of GST-driven demand upswingIndia's retail sector anticipates a consumption boost. The GST Council's tax slab rationalization aims to reduce prices on many goods. Appa...
06 Sep, 2025, 01.11 PM IST
RAI suggests moving to flat GST rate across product categories instead of price-based thresholdsRetailers Association of India suggests a uniform Goods and Services Tax rate. Current price-based system creates market distortions. RAI e...
04 Sep, 2025, 03.10 PM IST
GST on footwear, apparels priced at Rs 2,500 cut to 5%The GST Council has likely approved reducing the GST rate on footwear and apparel priced up to Rs 2,500 to 5%. Previously, this rate applie...
03 Sep, 2025, 07.24 PM IST
More GST rate changes likely to address inverted duty, exemptionsInverted duty refers to structures where the rate of tax on inputs is more than the rate of tax on outward supplies, which discourages valu...
16 Aug, 2022, 04.24 AM IST
GST council defers rate increase on man-made fibre, yarn, fabrics and apparelThe panel looking into rate rationalisation has been tasked to re-examine the issue. The council, which is the apex decision-making body fo...
31 Dec, 2021, 03.57 PM IST
Pricey unity of textile GST ratesReform should entail having a central rate for the vast majority of goods, a merit rate and a demerit rate. But this requires political wil...
30 Dec, 2021, 11.19 PM IST
GST hike from January 1: How hard will the changes hit textile & handloom industry?This tax increase will aid the Centre, which is experiencing a revenue shortage as a result of recent fuel duty cuts, by stabilising tax re...
28 Dec, 2021, 10.05 PM IST
CBIC notifies rate changes for apparel, footwear and textiles from Jan 1, 2022GST Council in its meeting in September had decided to correct inverted duty structure on footwear and textiles, which it said will come in...
19 Nov, 2021, 05.31 PM IST
Investors cheer retailers facing lower tax ratesShares of companies like Relaxo, Bata gained 4.31% and 0.94%, respectively.
06 Jun, 2017, 08.51 AM IST
Gold costlier under GST; apparel, biscuits, footwear cheaperThe GST Council also cleared the pending rules, including transition provisions and returns, with all states agreeing to a July 1 roll-out.
04 Jun, 2017, 12.16 AM IST
Labour, tax reforms to boost apparel, leather sectors: Economic Survey"In the case of leather, the FTA might give India an advantage relative to competitors. In both cases, the incremental impact would be posi...
31 Jan, 2017, 03.24 PM IST