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GST Reforms: A Transformative Opportunity for India’s PPE Industry and Beyond
By Mahesh Kudav The Government’s recent announcement of Next-Gen GST reforms is not merely a taxation update—it is a decisive step toward building a stronger, more competitive, and more resilient Indian economy. For industries like Personal Protective Equipment (PPE), where accessibility, affordability, and innovation determine both worker safety and industrial productivity, this reform could be transformative. Correcting the Inverted Duty Structure For years, the PPE industry grappled with an inverted duty structure. Raw materials essential for PPE manufacturing attracted a higher GST slab of 12% to 18%, while many finished textile products were taxed at just 5%. This mismatch impacted pricing efficiency and diluted the benefits of lower taxation for…