印度5%的低成本服装GST刺激了零售收入;溢价部分增长可能放缓。 India's 5% GST on low-cost apparel boosts retail revenue; premium segment growth may slow.

印度的商品和服务税(GST)服装大修(GST)将2 500英镑以下物品的税率降至5%,根据Crisil评级,预计25财政年度有组织的零售业的收入增长将增加200个基点。 India’s Goods and Services Tax (GST) overhaul on apparel, lowering the rate to 5% for items under ₹2,500, is expected to boost revenue growth in the organised retail sector by 200 basis points in FY25, according to Crisil Ratings. 这一变化旨在加强价格竞争力,有利于价格敏感度中位、快速时装和价值部分,这些部分占销售额的65%。 The change, aimed at enhancing price competitiveness, benefits price-sensitive mid-premium, fast-fashion, and value segments, which account for 65% of sales. 服装在2 500第纳尔以上上升至18%可能会减缓溢价部分的增长,但其影响有限。 A rise to 18% on apparel above ₹2,500 may slow premium segment growth, but its impact is limited. 预计26财政年度部门将稳定增长13-14 % , 其支撑因素是投入成本降低、通胀减缓、节日需求增强。 Steady sector growth of 13–14% is forecast for FY26, supported by lower input costs, easing inflation, and stronger festive demand. 零售商可以吸收对溢价货物征收的较高税的一部分。 Retailers may absorb part of the higher tax on premium goods.