Tag: fibre neutrality

Apparel and Textile News Trade Info News

MMF prices to be increased for GST

The textiles industry faces a unique issue in the presence of a differential duty structure both in different fibre value chains and within specific value chains too. This situation was prevalent in the earlier tax regime and is still relevant for the new GST regime. The result of such a structure is the accumulation of […]

appareltalk
July 27, 2017
13 Comments
163 Views

Apparel and Textile News

GST to lead expansion of Tax Base

The extension of the GST to both fabrics and apparel is expected to lead to a very substantial expansion of the tax base. Assuming even a modest compliance in the sector, a 5 per cent GST would generate revenues to the tune of Rs. 11,000 crore, a three-fold increase over current revenues from the sector,according […]

appareltalk
June 1, 2017
32 Comments
218 Views

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South Indian Cotton Yarn Market Remains Steady Ahead

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South Indian Cotton Yarn Market Remains Steady Ahead Of Union Budget

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Tag: fibre neutrality

MMF prices to be increased for GST

GST to lead expansion of Tax Base