- 1. GST ...
- (Tags)
- GST ...
- Created on 17 December 2021
- 2. GST Textile rate hike: Textile traders in Telangana launch postcard campaign ...
- (Article tagged with: GST)
- 27 December 2021, Mumbai: Textile traders in Telangana have launched a postcard campaign opposing the proposed hike in Goods and Services Tax (GST) on textiles and certain apparel from January 1, 2022. ...
- Created on 27 December 2021
- 3. 'CMAI' urges government to review GST rates increase on fabrics and garments ...
- (Article tagged with: GST)
- 24th September 2021, Mumbai: The Clothing Manufacturers Association of India (CMAI), has criticized the government’s move to increase GST on fabrics and garments up to Rs 1,000 from the current 5 percent ...
- Created on 24 September 2021
- 4. 'Uniform GST rates 12% set to reduce compliance burden' for 'MMF Textiles' sector ...
- (Article tagged with: GST)
- ... Goods & Services tax (GST) rate at 12% on MMF, MMF yarn, MMF fabrics and apparel, which has addressed the inverted tax structure in the MMF textile value chain, said government on Monday. The changed ...
- Created on 23 November 2021
- 5. AEPC Pushes for Budget Bonanza in 2024: Fashion For Growth
- (Article tagged with: GST)
- ... is a uniform 5% Goods and Services Tax (GST) rate across the entire Man-Made Fibre (MMF) supply chain. This move aims to ease the liquidity crunch faced by small and medium enterprises (MSMEs) under th ...
- Created on 30 January 2024
- 6. Amazon India: Kicks off maiden 'End of Financial Year Sale'
- (Article tagged with: GST)
- 15 March 2022, Mumbai: The sale aims to empower MSMEs by providing over 15 crore GST (goods and services tax) enabled products across top categories at exciting prices. Amazon Business, the marketplace ...
- Created on 16 March 2022
- 7. Bata: Focus on casual styles, premium products help expand
- (Article tagged with: GST)
- ... the demand. The rise in input costs and GST tax rates have impacted the brand’s profit margins. However, it is adopting a cautious approach and trying to absorb the price rise. Srinivasan says the demand ...
- Created on 24 August 2022
- 8. BUDGET 2023-24: Hits and misses
- (Article tagged with: GST)
- ... given improved economic prospects in some of the PLI schemes announced in recent years. Also, he eloquently urged GST of 12 percent on all apparel should be fixed at a standard rate of 5 percent to giv ...
- Created on 06 February 2023
- 9. FM notifies effective January 1, 2022, GST rates hike to 12% on MMF, yarn, fabrics ...
- (Article tagged with: GST)
- 22 November 2021, Mumbai: Experts said though there is a provision in GST law to claim the unutilised Input Tax Credit (ITC) as a refund, there were other complications and resulted in more compliance ...
- Created on 22 November 2021
- 10. FM: Textile Inverted Duty Structure to be taken up @ forthcoming meet
- (Article tagged with: GST)
- ... meeting. ALSO READ Nirmala Sitharaman (FM) dismisses 'Textiles Ministry Proposal' to defer GST rates hike The GST Council plans to take up the vexed issue of inverted duties on textiles at its meetin ...
- Created on 18 April 2022
- 11. FOHMA has joined a coalition of trade groups calling on the government to repeal the increase in the GST on garments and textiles ...
- (Article tagged with: GST)
- ... to hike the goods and services tax on textiles and apparel from 5% to 12%. The planned GST rate hike on a number of types of clothes and textiles, according to FOHMA, could result in large price hikes ...
- Created on 30 November 2021
- 12. Gap Inc. Reports Q4 FY21 Results
- (Article tagged with: GST)
- 04 March 2022, Mumbai: Fourth-quarter 2021 net sales of $4.5 billion increased 2% year-over-year and were down 3% compared to 2019; Comparable sales were up 3% year-over-year and increased 3% versus ...
- Created on 04 March 2022
- 13. GST Council Reduces Rates for Imitation Zari Thread ...
- (Article tagged with: GST)
- 14 July 2023, Mumbai The Indian GST Council has announced a significant reduction in GST rates for imitation zari thread, a key component in handicrafts and traditional Indian garments. To benefit ...
- Created on 14 July 2023
- 14. GST hike in Textiles, Apparel (T&A) a contradiction to the caveat of ‘Vocal4Handmade’? ...
- (Article tagged with: GST)
- ... by the Erode Cloth Merchants Association against the Finance Ministry’s decision to increase the GST on various kinds of textiles, footwear, and apparel by 7 percent, spiking the erstwhile 5 percent GST ...
- Created on 15 December 2021
- 15. GST MAY DRIVE CONSUMERS AWAY FROM VALUE BRANDS FEAR APPAREL RETAILERS ...
- (Article tagged with: GST)
- 18 January 2022, Mumbai: Deferment in GST rate hike on textiles from 5 per cent to 12 per cent hardly brings any relief to consumers as they still have dole out extra cash for branded clothes. As ...
- Created on 18 January 2022
- 16. GST notification to correct textiles tax anomaly: Nirmala Sitharaman ...
- (Article tagged with: GST)
- 24 November 2021, Mumbai: Finance Minister Nirmala Sitharaman on Tuesday said the recent government notification on uniform goods and services tax (GST) at 12 percent for the textile and apparel sector ...
- Created on 24 November 2021
- 17. GST on garments poised to go up from New Year: Karnataka ...
- (Article tagged with: GST)
- 04 December 2021, Mumbai: The GST council in September decided to hike the GST on all type apparel, textile goods and footwear costing up to Rs 1,000 from 5% effective January 1, 2022 and the Central ...
- Created on 04 December 2021
- 18. GST rate change structure encouraged yarn manufacturers to set up integrated manufacturing plants in India. ...
- (Article tagged with: GST)
- 23 December 2021, Mumbai: The proposed change in Goods and Services Tax (GST) with effect from January 1 is helping micro, small and medium enterprises (MSMEs) manufacturing polyester and blended fabric ...
- Created on 23 December 2021
- 19. Hike in GST garments rate revision evokes MSMEs sharp reaction ...
- (Article tagged with: GST)
- 30th October 2021, Mumbai: As reported earlier 'The Goods and Services Tax (GST) Council' proposed to hike the rates uniformly from 5 percent to 12 percent for garments agonistic of their pricing & categories ...
- Created on 30 October 2021
- 20. Hike in GST will result in clothing becoming costlier: Industry bodies ...
- (Article tagged with: GST)
- ... per cent across various categories and with the hike, in GST the overall price impact on the footwear sector could range between 10 to 15 per cent this fiscal year. The GST hike is on items that are ...
- Created on 16 December 2021
