The textile industry is batting for a uniform
tax of 5% on all under Goods and Service Tax (GST), which is all
set to roll out from July this year.
On
31st April’17 the Southern India Mill’s Association (SIMA) submitted a
memorandum to the Union Textile Minister, Smriti Irani, saying that their
revenue will double if the GST rate is fixed at the lowest slab of 5% and
without any exemption across the value chain Read More
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