GST may increase prices of garments

Garment and apparel prices may increase under the Goods and Services Tax (GST) regime with ‘job work’ inviting 18% levy. Under the current system, there is no tax on job work as it is considered a “subsequent process” in the manufacture of textile products and not a service. However, under GST, there is 18% levy, said J. Thulasidharan, chairman, Confederation of Indian Textile Industry (CITI). He…