GST: Implications for Indian textiles

Cover Feature, India Investment Journal September Edition
by Rakesh Mohan Joshi, Jacqueline Symss & Rashmi Taneja
India’s Goods and Services Tax (GST) has the potential to make the country’s textile industry more competitive.

A long-awaited taxation reform aimed at “One Nation, One Tax” became a reality in India when the Goods and Service Tax (GST) Act was passed in Parliament on March 29 this year and came into effect from July 1.