Garments sector demands 5% uniform GST for the sector

The proposal to fix a uniform GST slab of 12% for the garments sector, if it goes through, will hit the ‘already battered’ industry and may lead to job losses, industry insiders fear. Currently there are two tax slabs - 5% for bills below ₹999 and 12% for bills above that. Calls for a uniform tax slab prompted a proposal to fix it at 12% for both slabs. However, representatives of the garment sect…