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Minister of State for Textiles, Ajay Tamta, Monday said that the Centre has taken several steps to improve textile and apparel exports.

The GST Council in its meeting on March 10 decided to continue with relief for exporters, defer reverse charge mechanism as well as defer applicability of TDS and TCS provisions.

The GST (goods and services tax) Council chaired by Finance Minister Arun Jaitley has decided to stick to the prescriptions of the group of ministers on the rollout of the e-way bills system. So, starting April 1, all inter-State movement of goods above the value of ₹50,000 will require the generation of an e-way bill to help track their movement. 

NEW DELHI: Less than nine months into the GST regime, revenue authorities have detected rampant tax evasion through black market and under-valuing of imports. 

Four lakh new borrowers have entered formal financial fold has risen post demonetisation and GST with small ticket size loans posting the fastest growth, a study by credit bureau Transunion -Cibil and Sidbi showed. Significantly small borrowers registering their businesses post GST too has seen a sharp rise, it said.

The Prime Minister's Office (PMO) has called a meeting of top officials of the commerce and finance ministries on Monday to address the problem of GST export refund. The officials will discuss problems faced by traders in electronic filing.