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Tag: textile industry on gst

Textile industry hails revision of GST rates

Posted on September 4, 2025 By admin
Textile industry hails revision of GST rates

The increase of the 5% limit for garments from ₹1,000 each to ₹2,500 is a positive move, said the Cloth Manufacturers Association of India (CMAI).  File | Photo Credit: The Hindu The textile industry, which welcomed the revision of GST rates for the textile value chain in both manmade fibre and cotton sectors, expressed disappointment…

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