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.
Xefco has successfully secured US$6.9m in funding to advance the commercialization of its groundbreaking water-free textile dyeing and finishing solution.
Researchers are exploring mushroom roots, mycelium, as a sustainable alternative to synthetic fibers in various products, including clothing and car…
Coachtopia has partnered with upcycle designers worldwide to give a fresh look to its popular Ergo bag, highlighting sustainability through…
France announced that the G7 will focus on tackling the environmental and climate effects of the fashion and textiles sector…
Hologenix and DAGi are teaming up to introduce a new line of eco-friendly sleepwear featuring CELLIANT® Viscose fabric that helps…
Stratasys has unveiled a direct-to-garment printing solution to revolutionize consumer clothing, enabling colorful, 3D-printed designs onto existing garments.