GST on Footwear – Easier Said Than Done By Deepak Kohli The GST Council’s latest decision looks like a festive gift for footwear buyers: from 22 September 2025, GST on footwear priced up to ₹2,500 drops from 12% to 5%. On paper, that’s a clear consumer win. On the ground, however, the story isn’t quite so neat. Brands: The […]
At its 56th meeting on September 3, the GST Council, chaired by Finance Minister Nirmala Sitharaman, approved a simplified dual-rate structure of 5% and 18%, dropping the earlier 12% and 28% brackets. For the footwear and apparel sector, the likely big relief is a tax cut: items priced up to ₹2,500 will now attract only […]
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