CMAI

GST Rates To Deal Body Blow To Garment Manufacturers?

If the GST Council does in fact keep Rs.2,500 as the cut-off level for the 5% slab, and charge all products above this level at 18%, it will mean a cruel blow to the ASPIRING MIDDLE-CLASS and the Organized Sector of Garment Manufacturers – who are the worst affected by the Tariff Wars.