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Adhia Addresses Textile Traders GST Concerns

Revenue secretary Hasmukh Adhia has said that GST is an attempt to reduce corruption by minimum human interference in the system and get rid of parallel economies like black money and terror funding activities in the country. He told textile traders in Surat that GST would establish a uniform tax system all across the country. […]

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May 16, 2017
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Apparel and Textile News Trade Info News

Revised FTP To Promote SME Exports

The core focus of the revised Foreign Trade Policy (FTP) would be promoting exports from the small and medium enterprises (SMEs) and sectors with high employment potential such as apparel. The revised FTP would be released early to synchronise the same with roll out of Goods and Services Tax (GST),union commerce and industry minister, Nirmala Sitharaman […]

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May 9, 2017
27 Comments
456 Views

Apparel and Textile News Ministry of Textiles News Trade Info News

Demand For Lowest GST Slab Rate

The South Indian textile industry will support the sector’s proposal for a uniform five per cent GST or lowest slab on all textile and apparel product. This will help facilitate the migration to the GST ensuring better compliance under the upcoming GST regime that is expected to be implemented from July 1, 2017. Suresh Ananda […]

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May 4, 2017
3 Comments
431 Views

Apparel and Textile News

Uniform GST For Textile Sector Demanded

The textile sector has urged the centre to place all products across the textile and apparel value chain under the lowest slab of the Goods and Services Tax (GST). The industry seeks 5 per cent taxes without exemptions in order to avoid all possibilities of tax evasion. The applicable rates are currently between five and seven […]

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April 19, 2017
16 Comments
451 Views

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Tag: Goods and Services Tax (GST)

Adhia Addresses Textile Traders GST Concerns

Revised FTP To Promote SME Exports

Demand For Lowest GST Slab Rate

Uniform GST For Textile Sector Demanded