Wedding season blues: Garment makers caution against GST rate hike
According to estimates from the Clothing Manufacturers Association of India (CMAI), bridal wear accounts for 10-12% of the total clothing market, underscoring its significance. A group of ministers (GoM) led by Bihar deputy chief minister Samrat Chaudhary as part of the GST rate rationalization exercise is discussing whether to increase the rate for readymade garments […]