Textile Taxation Transformation: Perspectives from Ahmedabad's Textile Manufacturers and Traders on GST

Abstract

With the implementation of GST in 2017, the indirect taxation landscape underwent a significant transformation, aiming to streamline tax processes, enhance compliance, and foster a unified national market. For textile manufacturers and traders, this meant simplification and standardization of taxation processes, thereby enhancing ease of doing business and promoting a common national market. This article explores the significance of GST in textile industry, focusing on the perspectives of manufacturers and traders in Ahmedabad, India. Understanding impact of GST on the textile sector is crucial, given its prominence in India's economy and intricate supply chain dynamics. Through surveys and analysis, this study seeks to identify perceptions towards GST among textile manufacturers and traders in Ahmedabad and analyse the relationship between their demographic profiles and GST perceptions. The findings offer insights into how GST has influenced business operations, financial management, and compliance practices within the textile industry, shedding light on opportunities and challenges for stakeholders.