GST Reforms for Affordable Textiles & Smarter Logistics🧵 ✳ India’s #GST reforms are reshaping textiles and logistics, removing long-standing tax anomalies, lowering costs, and boosting demand ✳ GST on readymade garments up to ₹2,500 is now 5%, making apparel more accessible and driving domestic demand. Taxes on man-made fibres and yarns cut from 12%/18% to 5%, removing inverted duties and empowering SMEs Watch: #GSTReforms #NextGenGST Ministry of Textiles, Government of India Ministry of Financ
GST Reforms for Affordable Textiles & Smarter Logistics🧵 ✳ India’s #GS…
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GST Reforms for Affordable Textiles & Smarter Logistics India’s #GST reforms are reshaping textiles and logistics, removing long-standing tax anomalies, lowering costs, and boosting demand GST on readymade garments up to ₹2,500 is now 5%, making apparel more accessible and driving domestic demand. Taxes on man-made fibres and yarns cut from 12%/18% to 5%, removing inverted duties and empowering SMEs #GSTReforms #NextGenGST | Ministry of Textiles, Government of India
GST Reforms for Affordable Textiles & Smarter Logistics India’s #GST r…
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401K views · 468 reactions | Do not pay GST on clothing until you have watched this. The GST rate on textiles, which includes woven fabrics, synthetic yarn, pile fabrics, blankets, accessories like tablecloths, serviettes, or tapestries, and rugs, was set to rise from 5% to 12%. Follow @assetyogi for more! ✨ #gst #gstupdates #tax #taxonclothes #gstindia #finance #financereels #reelsinstagram #reelitfeelit #assetyogireels #assetyogi #explorepage | AssetYogi | Facebook
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