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claiming+input+tax+credit
2016-01-05 14:00:00
FBR pulls out sales tax zero-rating facility from certain textile units
The sales tax zero-rating facility that was allowed to the registered manufacturers and exporters of five leading sectors including textile, leather, carpets, surgical and sports goods with a view to
2017-10-12 10:00:00
Textile exporters hit hard by unfavourable currency movement
Indian textile exporters have been facing subdued demand trends over the past few years in the key textile consuming regions of the US and EU which accounts for a majority of exports from India as
2017-10-10 10:00:00
Latest revision of GST rates welcomed by textile industry
The Country’s finance minister Arun Jaitley on Friday announced latest revision in the goods and services tax (GST) rates. Tax rates on man-made yarn is reduced from 18 percent to 12
2017-07-19 10:00:00
No change in GST rate for textile
Union Minister for Finance, Defence and Corporate Affairs, Arun Jaitley Tuesday said that the GST rate structure for the textile sector was discussed in detail in the GST Council Meeting held on 3rd
2016-09-12 15:00:00
Ministry of textiles to notify rebate of State Levies on export of garments
The ministry of textiles has notified first of its kind scheme with unique features for Rebate of State Levies on Export of Garments (ROSL) which will apply with ‘Let Export Order’. The
2015-12-17 17:00:00
GST to boost textile exports to a great extent
The Goods and Services Tax (GST) is seen as key to facilitating industrial growth and improving business climate in the country. A constitutional amendment measure, the GST Bill needs to be passed
2015-08-23 11:00:00
VAT dept raids eight textile mills over fake invoices
Eight textile dyeing and printing mills in the city's Sachin and Pandesara GIDC were held for claiming input tax credit (ITC) on fake tax invoices and thereby reducing their liability to pay VAT by
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