Clothing manufacturers disappointed over higher GST rates on apparel
CBIC on Thursday notified raising GST rate to 12% from 5% on fabrics, apparel from January 2022. Also, GST on apparel of any value has been increased to 12%. Earlier, GST was 5% for sale value up to ₹1,000 per piece
NEW DELHI: Clothing Manufacturers Association of India or CMAI on Friday expressed “deep disappointment" at the Centre’s notification of higher goods and services tax (GST) rates on apparel, effective January 2022.