Apparel industry slams proposed GST hike
The Clothing Manufacturers Association of India (CMAI) expresses concern over the proposed GST rate hike on apparel. The CMAI warns that increasing the GST on garments priced between ₹1,500 and ₹10,000 to 18%, and to 28% for those above ₹10,000, could lead to job losses, reduced demand, and industry disruption.
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