The future for the Indian textile industry looks promising, buoyed by both strong domestic consumption as well as export demand as China is drifting away from textile manufacturing activities. With consumerism and disposable income on the rise, the retail sector has experienced a rapid growth in the past decade with the entry of several international players like Marks & Spencer, Guess and Next into the Indian market.
Import duties had been increased for an even broader set of products and goods in the textile categories back in October 2017 India on Monday…+ More
The Central Board of Indirect Taxes and Customs (CBIC) will organise third refund fortnight from July 16 to July 30 to clear pending GST refunds.…+ More
The GST amendments will be tabled in the upcoming monsoon session of Parliament beginning 18 July The government is likely to retrospectively amend laws governing…+ More
Practitioners of Goods and Services Tax (GST) from across the country have formed a Joint Action Committee (JAC) to suggest simplification in compliance and filing…+ More