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.
SHEIN is revolutionizing denim production by expanding its use of Cool Transfer Denim Printing, a technology that reduces water and…
Citizens of Humanity Group has partnered with Pili, a biochemicals firm specializing in sustainable dyes and pigments, to help decarbonize…
Ambercycle, Shenghong Holding Group have announced a strategic collaboration to enhance the production of regenerated filament yarns made with cycora…
Teijin Frontier has introduced a next-generation fabric with dual-layer knitted technology that offers contact cooling and prevents sweat-induced stickiness.
GTT has partnered with Golden Long John, a supplier for global footwear brands, to advance cleaner and more efficient fabric…
Ventile has collaborated with EBDA to promote biodynamic farming in Egypt, marking the second year of focusing on supporting sustainable…