EPCH Welcomes GST Notification For Merchant Exporters

The Export Promotion Council for Handicrafts (EPCH) has welcomed the Government’s decision to ease the procedure for merchant exporters. Handicrafts merchant exporters can now purchase the goods from registered suppliers by paying 0.1 per cent Goods and Services Tax (GST) and amount paid as GST will be refunded within 90 days of the export transaction. The full notification is available here.

Chairman, EPCH, O.P. Prahladkaha has said that the exports of handicrafts during the year 2016-17 was to the tune of Rs. 24,392.39 crores, showing a growth of 13.15 per cent over the preceding year.

– Apparel and Textile News, Apparel Talk, Indian Apparel