When we are talking about ‘Make in India’, the approach of the Government and the Industry (textile & machinery) should be holistic, says Sachin Arora. The…
Browsing: inverted duty structure
The industrialists are seeking the removal of the 11 per cent import duty on raw cotton, which was introduced in October 2021. The spinning industry in…
During the recent stakeholder consultation, the industry raised several issues, including the import duty on cotton and textile machinery and the inverted duty structure in the…
The GST Council, has decided to impose 12% GST on all textile products except cotton to correct inverted duty structure in the sector. The new rates will be effective from January 1, 2022.
The GST Council, has decided to impose 12% GST on all textile products except cotton to correct inverted duty structure in the sector. The new rates will be effective from January 1, 2022.
The GST Council, has decided to impose 12% GST on all textile products except cotton to correct inverted duty structure in the sector. The new rates will be effective from January 1, 2022.
The GST Council, has decided to impose 12% GST on all textile products except cotton to correct inverted duty structure in the sector. The new rates will be effective from January 1, 2022.