Wednesday, July 17, 2019

GST influence on Garments industry

Union Minister of Textiles, Smriti Zubin Irani said, GST on garments is 5% of sale value, not exceeding Rs. 1000 per piece and made-up articles carry GST of 12% of sale value exceeding Rs. 1000 per piece, lesser than the pre-GST incidence. Directorate General of Commercial Intelligence and Statistics’ data shows increased exports of textile, […]

from GST India-Goods and Services Tax in India https://ift.tt/2O0pzU1

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