Related Keywords: boom textile industry, expected to be a growth stimulator, Government has incentivized textile industry, government on verge of implementation, level-playing field for textile players, most awaited indirect tax reform, most price sensitive industry, one of the largest contributors to country’s exports, provider of jobs to million, the GST
The government has so far incentivized the textile industry that has been one of the largest contributors to the country’s exports and provider of jobs to million. The latest being the R6,000-crore textile booster package in June this year, which has increased the duty drawback significantly.
