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GST RATES ON CLOTHES
Higher petrol, diesel prices threaten to rekindle inflation pressures: ReportFuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflatio...
'GST cuts shave 0.12 pp off October retail inflation'With October's retail inflation dipping to a historic low of just 0.25%, recent GST reductions are starting to show their impact, albeit su...
'Because of the GST reduction, people bought more sweets, clothes, Varanasi celebrates one of the 'grandest' DiwaliVaranasi experienced a grand Diwali celebration this year. Residents reported increased shopping and fireworks due to government GST reduct...
GST cut to stitch 200 bps boost for apparel retailers: CrisilGST rationalization is projected to boost India's organized apparel retail sector's revenue growth to 13-14% this fiscal. A uniform 5% GST ...
GST 2.0 will bring down grocery bills by 13%, Rs 70,000 savings on small car purchasesThe new GST reforms, effective Monday, promise significant savings for Indian households. Groceries and essentials are projected to be 13% ...
Will a 20% discount on readymade shirt priced Rs 3000 save 13% more on GST for you?Effective September 22, 2025, India implements revised GST rates on apparel. Clothing priced between Rs 1,000 and Rs 2,500 will benefit fro...
GST rate hike to cripple India's garment industry: Clothing Manufacturers Association of IndiaThe government plans to increase taxes on garments costing over Rs 2,500. Clothing Manufacturers Association of India (CMAI) warns this wil...
Apparel industry slams proposed GST hikeThe apparel industry faces a potential GST hike. Garments priced between ₹1,500 and ₹10,000 could see an 18% tax. Those above ₹10,000 may f...
GST Council decides to defer rate hike on textiles from 5% to 12%Indian industry and other various States have opposed the increase in the tax to 12% from 5% effective January 1, citing higher compliance ...
States demand GST rate hike on textiles be put on holdIn the pre-budget meeting chaired by Union Finance Minister Nirmala Sitharaman, states like Gujarat, West Bengal, Delhi, Rajasthan and Tami...
Delhi govt supports traders' protest against GST hike: SisodiaDelhi government supports protest of traders against increase in goods and services tax on textile, and will raise the issue in GST council...
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...
CPI could rise 100-125 bps if GST rates raised as suggested by the finance commission: Report"We estimate that headline consumer price index (CPI) would rise by 100-125bps in the event of an effective 1percentage point(ppt) increase...
‘Completely unjustifiable’ GST rate hike on apparel, textiles and footwear show the Govt has no easy choicesThe Government wanted to correct a tax anomaly, but in the process the apparel, textiles and footwear sectors believe the move would lead t...
Traders up in arms against 12% GST on textiles, footwearCAIT National President B.C. Bhartia and Secretary General Praveen Khandelwal said that in the cotton textile industry there was no inverte...
Single GST rate slab ridiculous suggestion: Piyush GoyalSome political outfits had been clamouring for doing away with the four-slab GST rate structure and the Congress had promised to reduce it ...
'Demand of lower GST on govt works to be referred to panel'The state government has already given a list of 33 items such as beedi and handloom cloth for which it wants lower tax rates under the GST...
- GST blues: Millennials, get ready for a tougher life after July 1
If you are a millennial, you may rejoice because millennials are all for reforms, etc. But the ground reality is that the GST is going to b...
GST: Cloth shops, dry fruits sellers observe bandh in protest"Cloth markets across cities in the state including those in Surat, Rajkot and Junagadh remained closed, demanding roll back of GST imposed...
GST triggers another '80%' online sale for Flipkart, AmazonSellers on Flipkart and Amazon are offering apparels, furniture and books at absurdly low price points as they look to dispose off their st...