no tax | YnFx - Part 30

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2017-06-16 11:00:00

Meghalaya seeks exemption for textiles from GST

Meghalaya taxation Minister Zenith Sangma, who will attend the GST meeting of the GST council scheduled to be held in Delhi on Sunday said that currently 12 percent tax is imposed on textiles and

2017-06-15 15:00:00

CMAI in association with TCS develops software on GST compliance

Clothing Manufacturers Association of India (CMAI), the premier apparel body, in association with Tata Consultancy Services (TCS) has developed software to alert the garment manufacturers about GST

2017-06-14 15:00:00

Tirupur garment seeks clarification over GST rates on job work

Tirupur textile industry has knocked the doors of the Ministry, seeking a clarification over the confustion in GST rates on job work on garments as it has not been addressed. At the June 11 meeting,

2017-06-14 12:00:00

Cut in import duty on blankets to affect domestic manufacturing units

The Central governmentâ€™s decision to cut the levy of import duty and GST from 29 percent to 16 percent on all imported blankets and fabrics will leave over four crore workers engaged in the

2017-06-13 14:00:00

DGFT creates GST facilitation cell to assist and advice exporters

Directorate General of Foreign Trade (DGFT), functioning under the ministry of commerce and industry, Government of India, has constituted a Goods and Services Tax (GST) facilitation cell to assist

2017-06-13 12:00:00

Exporters remain wary about DBK in the GST era

The Union government to readjust the duty drawbacks in the new Goods and Services Tax regime is seeking industry feedback on it. The ROSL (Rebate of State Levies on Export of Garments) scheme is a

2017-06-13 11:00:00

Garments imports likely to become 5-6pc cheaper than local apparel

Garment imports likely to become five to six percent cheaper than locally made apparel despite the goods and services tax providing input credits to the textile industry due to removal of the

2017-06-07 12:00:00

Yarn price likely to hike after GST

A seminar was held in Surat on Monday on 'impact and implementation of GST in textiles' organized by Southern Gujarat Chamber of Commerce and Industry (SGCCI), entrepreneurs opposed the

2017-06-07 10:00:00

Varied GST rates for knitwear production chain to create complexities

With the different Good and Services Tax (GST) scales fixed for various processes in the knitwear production chain is going to have ramifications considering that the production chain in Tirupur

2017-06-05 15:00:00

Nigeria to set up $500m Katsina Textile, Garment Cluster

Katsina State Government has entered into agreement with BUA Group to facilitate 500 million dollars Katsina Textile and Garment Cluster that incorporates about 500 Small and Medium Enterprises

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