Industry Pushes for Uniform 5% GST

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Disparity in GST Across Fibre Types

{ "vars": { "gtag_id": "G-SFP1WWHT74", "config": { "G-SFP1WWHT74": { "groups": "default" } } } } { "eventName": "web_story_view", "story_title": Textile Industry Seeks Uniform GST Rate } { "eventName": "web_story_click", "story_title": Textile Industry Seeks Uniform GST Rate , "link_url": } Cotton sector: 5% GST (except garments over ?1,000, which are taxed at 12%) MMF sector: Raw materials like PTA & MEG – 18% Yarn – 12% Fabrics & garments – 5% Products over ?1,000 – 12%

Call to Eliminate Inverted Duty Structure

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Growth Goals at Stake

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Affordable MMF Products Need Support

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GST Reform to Boost Jobs & Investment

{ "vars": { "gtag_id": "G-SFP1WWHT74", "config": { "G-SFP1WWHT74": { "groups": "default" } } } } { "eventName": "web_story_view", "story_title": Textile Industry Seeks Uniform GST Rate } { "eventName": "web_story_click", "story_title": Textile Industry Seeks Uniform GST Rate , "link_url": } The textile sector is a major job generator. Rationalised GST will attract investment, improve production viability, and ultimately create more employment opportunities.