Garments and footwear may become costlier from January as plans are afoot to raise goods and services tax (GST) on these products from 5% to 12% to correct the existing inverted duty structure, two people aware of the development said.
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Garments and footwear may become costlier from January as plans are afoot to raise goods and services tax (GST) on these products from 5% to 12% to correct the existing inverted duty structure, two people aware of the development said.
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