The Clothing Manufacturers Association of India (CMAI) has launched software ‘ADHIGAM’ for textile and garment manufactures, traders and retailers to send them information about Goods and Services Tax (GST) compliance. The software automatically sends reminders to a vendor or a supplier, who has not paid tax at any stage in textile value chain.
“A manufacturer knows which vendor in the value chain has not paid the tax and hence the garment manufacturer can guide the vendor to pay the tax,” CMAI president Rahul Mehta said.
“E-Way bill procedure is likely to be simplified and various recommendations received on the subject will be discussed in next GST Council meeting on June 18. So far rules have not been framed for E-Way Bill procedure and it would take three to four months’ time. As the border check posts, octroi and LBT will be removed from July 1, the transportation of goods would be done with ease. Under GST composition scheme, manufacturers will have to pay 1 or 2 per cent GST rate depending on certain criteria, but these have yet to be notified,” DM Akhade co-convener GST Council said.
“The government would give 90 per cent refund amount within seven days. In case, the refund is delayed beyond three months, the government would pay interest,” Gajanan Khanande, deputy commissioner, automation unit-GST Mumbai said.
– Apparel and Textile News, Apparel Talk, Indian Apparel
