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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…

7 years ago

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…

7 years ago

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…

7 years ago

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…

7 years ago

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,…

7 years ago

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…

7 years ago

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…

7 years ago

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…

7 years ago

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…

7 years ago

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…

8 years ago