The Cloth Manufacturers Association of India (CMAI) has appealed to the government to levy only 5% Goods and Services Tax (GST) for garments worth more than ₹2,500.
A press release from the Association said there are continuous reports that garments above ₹2,500 are likely to be taxed at 18%, from the current level of 12%. If the GST Council does in fact keep ₹2,500 as the cut-off level for the 5% slab, and charge all products above this level at 18%, it will be a blow to the mid-income consumers and garment manufacturers in the organised sector, it said.
