by Manali bhanushali | Feb 10, 2021 | Industry And Cluster, News & Insights
An initiative to accelerate reduction of audit and standard fatigue. During a side session organized by the International Textile Manufacturers Federation (ITMF) and the International Apparel Federation (IAF) at the OECD Forum on Due Diligence in the Garment and...
by TEXTILE VALUE CHAIN | Jul 12, 2019 | Industry And Cluster, News & Insights
GST rates for garments and made up articles is 5% of sale value not exceeding Rs. 1000 per piece and 12% for articles of sale value exceeding Rs. 1000 per piece. The GST rates are lesser than the pre-GST incidence of taxes on these goods. To reduce the cost of garment...
by TEXTILE VALUE CHAIN | Jul 12, 2019 | Industry And Cluster, News & Insights
Turnover of most of the weavers does not exceed Rs 20 Lakh and therefore they do not require registration under GST. Moreover, GST is implemented through an Act of Parliament with States as equal partners in GST Council with Government of India. GST has been...
