Tag: Clothing

Home » Clothing
GST on Garments Above ₹2,500 Hiked to 18%, Industry Warns of Price Surge and Middle-Class Impact
Post

GST on Garments Above ₹2,500 Hiked to 18%, Industry Warns of Price Surge and Middle-Class Impact

New Delhi: The GST rate on garments priced above Rs 2,500 per piece has been increased from 12% to 18%, a move that industry bodies warn will raise prices and affect middle-class affordability. The Retailers Association of India (RAI) and the Clothing Manufacturers Association of India (CMAI) welcomed the new two-slab GST structure and the...