Home / Knowledge / News / Textiles / CII launches GST training programmes across India
CII launches GST training programmes across India
20
Jun '17
The Confederation of Indian Industry (CII) has taken up a range of initiatives to encourage the industry to be proactive in managing GST compliance by launching a series of around 100 two-day training programmes across India. The workshops are expected to reach out to about 5,000-plus enterprises. CII believes that the industry is ready for the tax reform.

"GST is expected to bring significant gains for economic growth, employment and exports. CII is undertaking more than 100 workshops across the country to enable enterprises to comply with the new regulations," said Chandrajit Banerjee, director general, CII, referring to industry preparations for implementation of GST, slated to be rolled out from July 1.

CII has been granted Approved Training Partner (ATP) status to impart GST training by National Academy of Customs, Excise and Narcotics (NACEN) with Institute of Company Secretaries of India. Its technical partners are GST Street and Tax Sutra.

Key issues covered in training programme include introduction to GST and overview of the model GST law; registration provisions; time and supply and valuation of goods and services, input tax credit; payment of tax; cross utilisation of CGST/SGST/IGST; GST returns and matching of credit; refunds; IT enablement and ERP solutions; transitional provisions and GST- impact study; and sectoral analysis: manufacturing/services.

A helpline has also been initiated where programme participants can request for clarifications. In addition, an awareness campaign has been launched to inform industry about the GST processes. CII has even prepared online webinars as introduction to the new tax.

"CII has been interacting with all stakeholders including Central government, state governments and industry on GST implementation. GST has been finalised after a collaborative and consultative approach and we look forward to its introduction," added Banerjee. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 25th Sep 2017

SVP Group to build $300 mn spinning plant in Sohar

ShriVallabh Pittie Industries (SVP) Group, a diversified yarn...

Apparel/Garments | On 25th Sep 2017

Vietnam textile sector to gain if EU FTA gets ratified

Experts feel the Vietnam-European Union (EU) free trade agreement...

Courtesy: Business Wire

Textiles | On 25th Sep 2017

Invista to use ADN technology at joint project in France

Invista, a leading producer of chemical intermediates, polymers, and...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search