;
Home / Knowledge / News / Textiles / Textile ministry organises training workshop on GST
Textile ministry organises training workshop on GST
23
Jun '17
The ministry of textiles had organised training workshop on GST which was attended by around 175 officials. The workshop discussed about the tax structure for textile sector and clarified the doubts raised by industry participants. The event was held in partnership with National Academy of Customs, Excise and Narcotics under the revenue department.  

The workshop chaired by union textiles minister Smriti Irani, was attended by officials from the ministry, its PSUs and Export Promotion Councils. The demonstration sessions discussed about several transition issues related to procedures to be followed on registration, migration, refund and credit for duty paid on stock among others.

During the workshop, Clothing Manufacturers’ Association of India (CMAI) made a presentation on software named 'Adhigam', which has been developed by TCS, for use of CMAI members. The software automatically sends reminders to a vendor or a supplier, who has not paid tax at any stage in textile value chain. It offers multi lingual solutions and essentially aims at making the small manufacturers and traders GST ready. The software also enables traders to scan the existing invoice and translate it into a GSTN-compliant invoice. It operates on the principle of inter-locking and will enable matching and marrying of Input Tax credit of invoices in the value chain, with automatic reminders to the vendor to pay tax where he has not done so. (RR)

Fibre2Fashion News Desk – India


Must ReadView All

USTR aims for more balanced trade in US-EU trade talks

Textiles | On 23rd Jan 2019

USTR aims for more balanced trade in US-EU trade talks

In negotiations for a trade agreement with the European Union (EU),...

Work on Quaid-e-Azam Apparel Park in Pak to be accelerated

Apparel/Garments | On 23rd Jan 2019

Work on Quaid-e-Azam Apparel Park in Pak to be accelerated

A recent meeting of the Punjab Board of Investment and Trade presided ...

Retail break-up across top 7 Indian cities; Courtesy: Anarock Retail

Apparel/Garments | On 23rd Jan 2019

Indian retail is coming of age: Anarock Retail

From a mere 9 per cent share in 2017, the organised retail market in...

Interviews View All

Mohammad Mamun Ar Rashid, UL VS Bangladesh Ltd

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Abhishek Samdaria, Reflete

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Hannah Lane, Redress

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Pietro Turrin,

Pietro Turrin

Industrie Tessili Bresciane (ITB) has served numerous industries and...

Lin Jing,

Lin Jing

Jiangsu New Victor is a Chinese mechanical equipment manufacturing...

Karan Behal,

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Justin Chan & Shyam Gollakota, University of Washington

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

Marcel Alberts, Eurofibers

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

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

Anisha Chaudhari, Threads & Shirts

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

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

Leave your Comments


January 2019

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

news category


Related Categories:

Advanced Search