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implementation+goods+and+services+tax
2017-08-24 10:00:00
Bihar, UP floods affects Surat textile industry business
The textile industry of Surat has already borne losses worth Rs 1,500 crore due to the strike against the implementation of Goods and Services Tax (GST) from July 1. Sources in the textile trading
2017-06-30 14:00:00
Textile business not going to be adversely affected with GST roll out
The Goods and Services Tax (GST) is not going to adversely affect the textile business. As presently, there is an embedded tax of central excise duties of 3.38% and 2.8% of VAT on cotton yarn,
2017-06-28 14:00:00
India's garment exports expected to touch USD20 bn in FY18
India's garment exports clocked 15 percent growth at USD17 billion in FY17 now following improved market conditions in US and other markets, the garment exports are expected to register a 15-18
2017-03-14 11:30:00
Spinning industry to boost yarn exports looking for more benefits
The domestic market for cotton yarn is more lucrative than exports. This was confirmed by the India’s cotton yarn export numbers released by the Ministry of Commerce and Industry. The data
2017-03-14 10:00:00
Ind-Ra sees stable outlook for cotton in FY18
India Ratings (Ind-Ra) has revised its cotton outlook to stable for the next financial year (2017-18) from negative for the fiscal year 2016-17 following steady input prices, healthy capacity
2015-12-17 17:00:00
GST to boost textile exports to a great extent
The Goods and Services Tax (GST) is seen as key to facilitating industrial growth and improving business climate in the country. A constitutional amendment measure, the GST Bill needs to be passed
2015-05-13 11:00:00
Yarn Forward rule to have major effects on signatory countries such as Vietnam
United States led trade agreement Trans-Pacific Partnership (TPP) which involves twelve countries, is presently under negotiation. A key part of the proposed TPP is a rule known as “yarn
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