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rs. 1000 per piece and 12 per cent for articles of sale value exceeding rs. 1000 per piece. the gst rates are lesser than the pre-gst incidence of taxes on these goods. to reduce the cost of the garment industry, gst rate on manmade fibre yarns has been reduced from 18% to 12%. further, the refund of...
"for too long, the fashion industry has not been able to properly recycle its products, since there's no commercially viable separation, sorting and recycling technology available for the most popular materials such as cotton and polyester blends," said eric bang, innovation lead at the h&m foundation...