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present+tax+regime+gst+regime
2017-08-01 10:00:00
GST council likely to lower tax rate on garment job works to 5pc
The GST Council headed by Finance Minister Arun Jaitley and comprising of representatives of all the 29 states, this week is likely to consider lowering of tax rates for job works for making garments
2017-07-10 12:00:00
Malegaon traders want both suppliers, customers to come under GST
The industrial hub Malegaon traders although equally concerned over GST but are remarkably quiet and waiting to see if the textile industry in Surat, their counterparts who has been up in arms over
2017-06-13 14:00:00
DGFT creates GST facilitation cell to assist and advice exporters
Directorate General of Foreign Trade (DGFT), functioning under the ministry of commerce and industry, Government of India, has constituted a Goods and Services Tax (GST) facilitation cell to assist
2017-06-05 13:00:00
Khadi yarn, Gandhi topi, national flag exempted from GST tax regime
All categories of fabric, except khadi yarn, Gandhi topi, India's national flag will not attract any tax under the Goods and Services Tax (GST) regime. The tax department has also put up on its
2017-06-01 15:50:00
Recycled PSF producers seek continuation of tax advantage vis-à-vis virgin PSF in GST regime
The All India Recycled Fibre & Yarn Manufacturers Association, which represents 35 recycled polyester staple fibre (PSF) producers in India, has requested the Union Finance Ministry to maintain the
2017-06-01 12:00:00
PSF recycling units seek concessional rate under GST
The All India Recycled Fibre & Yarn Manufacturers Association, which represents 35 recycled polyester staple fibre (PSF) producers mostly small and medium-scale in the country, have sought
2017-06-01 10:00:00
Surti sari to get costlier if higher GST
Indian man-made fabric (MMF) manufactured in Surat, it is estimated that around 40 percent of the production of saris and dress material is done targeting mainly the poor and lower middle class
2017-05-03 11:00:00
South Indian textile industry urge for lowest GST slab rate
The textile chain under the optional Cenvat provisions presently enjoys zero percent central excise benefit. The South Indian textile industry to support the sector proposed that a uniform 5 percent
2017-01-20 10:00:00
Textile industry seek for a uniform duty of 5pc under GST
The government has already announced special packages for different segments of the textile industry in June last year and for made ups (an article manufactured and/or stitched from any type of
2016-09-07 15:00:00
Govt on the verge of implementing GST of 12% for textile industry
The government has so far incentivized the textile industry that has been one of the largest contributors to the country’s exports and provider of jobs to million. The latest being the
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