GST on Textiles and Apparels

GST on Textiles and Apparels

A study for understanding the Goods and service tax (GST) on textiles and apparel has been planned by the Ministry of Textiles. This has adversely impacted domestic production and thus requires restructuring. A government official quoted, “We have received complaints...
EXPORT MARKET RISING GOOD

EXPORT MARKET RISING GOOD

Monthly textile exports rose by 33% in July. The export figure was was an improvement over the corresponding month last year, registering a 14.4% increase. Significant increases were also  seen in all subcategories of finished products, including garments, bedding,...