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Latest from apparel industry

Garments, footwear may become costlier

The GST Council had on September 17 announced its decision to correct the duty inversion on textiles and footwear value chain from January 1, but it did not disclose details of the tax rates.

At present, apparels priced up to <span class='webrupee'>₹</span>1,000 attract 5% GST, while a 12% levy is imposed on garments of higher value.(REUTERS)
At present, apparels priced up to 1,000 attract 5% GST, while a 12% levy is imposed on garments of higher value.(REUTERS)
Published on Sep 30, 2021 05:05 AM IST
ByRajeev Jayaswal, New Delhi
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