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Wedding season blues: Garment makers caution against GST rate hike
2024-12-05 00:00:00.0     铸币报-政治     原网页

       

       New Delhi: An increase in the goods and services tax (GST) rate on certain readymade garments, currently being discussed by a ministerial panel, could be a dampener for the ongoing wedding season, textile manufacturers said.

       According to estimates from the Clothing Manufacturers Association of India (CMAI), bridal wear accounts for 10-12% of the total clothing market, underscoring its significance.

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