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Lowering of GST rate on job work welcomed

The GST Council’s move to slash the rate on job work like weaving, cutting, knitting and embroidery to 5 per cent from 18 per cent is today welcomed by the Confederation of Indian Textile Industry (CITI). This rate will be applicable for job works in apparel, shawls and carpets. CITI vice chairman Sanjay K Jain […]

appareltalk
August 8, 2017
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Apparel and Textile News

Uniform Tax Structure Proposed Under GST

The proposed Constitution Amendment Bill on Goods and Services Tax (GST), introduced by Finance Minister in Lok Sabha last month, is expected to smoothen business process for ecommerce companies by resolving several supply chain issues that plague the sector, according to experts. GST is a single tax regime, applicable across states, on the sale, manufacture […]

appareltalk
January 6, 2015
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251 Views

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Lowering of GST rate on job work welcomed

Uniform Tax Structure Proposed Under GST