The minister had successfully taken up the issue of ITC Refund with GST Council, which has now now agreed for the long standing demand, as told. These initiatives would help revival of the apparel sector and to become competitive globally, he added. The GST Council met yesterday and took various decisions including cutting tax rates on 88 items such as footwear, refrigerator.
In a letter to Irani, AEPC Vice-Chairman A Shaktivel thanked her on behalf of the c for her "splendid support" toward reviving the industry.
The Apparel Export Promotion Council (AEPC) today welcomed the GST Council's decision to allow input tax credit refund, a long-pending demand of the textile industry, and thanked Union Textiles Minister Smriti Irani for taking up the issue.
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton.
One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries.
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