Textile ministry gives strength to the industry stakeholders and discusses simplification of the GST

Union minister of state for textiles Ajay Tamta attended the textile meet-2018 organized by BGA Foundation, a part of Disha Foundation, on Wednesday. Tamta held round table meetings with various industry stakeholders from processing sector, power loom sector, etc. “Tamtaji organized roundtable meetings with various industry stakeholders and tried to understand their problems. Many suggestions were given and he has promised to take them up with his ministry as well as the finance ministry’s”, as said by Chartered accountant Ramakant Gupta of BGA Foundation

Tamta added that GST is new to this country and thus there would be some difficulties. The textile ministry is always ready to hear the industry stakeholders and discuss simplification of the GST with the finance ministry. Tamta said that, “The government has formed a committee to address issues relating to GST. We are also very keen to resolve technical issues in the GST portal and filing of returns,”

Union minister of state for textiles Ajay Tamta said the central government was committed in resolving the issues faced by the textile sector with regard to Goods and Service Tax (GST) and that his ministry will support the industry stakeholders in mediating the issues with the finance ministry

Tamta was in the city to attend a seminar organized by the Southern Gujarat Chamber of Commerce and Industry (SGCCI) and the Global Fabric Resource and Research Centre (GFRRC) on ‘future opportunities in textile sector’ on Thursday

Addressing a gathering of industry stakeholders, Tamta said, “Surat is an important centre as far as man-made fibre (MMF) sector is concerned, but the opportunities in natural fibre in the form of silk are huge in the northeastern states. The focus is on research and development in sericulture in order to reduce dependence of natural silk imports. I am visiting textile clusters across the country to study the market and to encourage research and development in developing new qualities and products to increase our exports”

Recent Posts

Lenzing launches TENCEL Lyocell HV100 in China

Lenzing Group has introduced its latest innovation, TENCEL™ Lyocell HV100, to the China market at Intertextile Shanghai Apparel Fabrics, Spring…

8 hours ago

Shima Seiki, CLO enhance 3D garment design and simulation

Shima Seiki has announced a new partnership with CLO Virtual Fashion from Seoul, South Korea to combine their technologies for…

8 hours ago

Brugnoli introduces bio-based Br4/E1 fabric

Brugnoli is set to present its new Br4/E1 technical fabric, developed in collaboration with Fulgar and The Lycra Company, at…

9 hours ago

MISSION launches Cool Compression collection

MISSION, a provider of wearable cooling products and sun-protection performance accessories, has introduced its range called the Cool Compression Collection.

1 day ago

Jeanologia transforms laser technology for denim

Jeanologia introduced Billy AI, a new artificial intelligence platform that can create accurate laser designs directly from a photograph of…

1 day ago

Hyosung TNC to showcase bio-based fiber innovations

Hyosung TNC is set to present its latest fibre innovations at Performance Days, highlighting the growing demand for soft stretch…

1 day ago