The GST Council has proposed that the electronic invoicing (e-invoice) system may be implemented on a voluntary basis from January 2020. Until now, there have been no standards set for e-invoicing in India.
Nagpur: Nitin Gadkari, Union minister for micro, small and medium enterprises (MSMEs), has promised to increase the share of the sector in industrial growth to 49% from the present 29%. Addressing the silver jubilee function of Mahila Griha Udyog’s Lijjat Papad Limited, the minister said the Central government and his ministry were taking several steps to achieve the target.
A World Trade Organisation (WTO) panel recently ruled against India in a trade dispute over its subsidies to exporters under various schemes.
Now a key trend in the Indian fashion industry, athleisure combines casual style with sporting and urban lifestyles. Hoodies, jackets, and sneakers are nowadays worn to work as well as to the gym.
GURUGRAM: A city-based businessman — Amit Kumar Garg — was booked on Sunday for an alleged GST fraud worth Rs 6.22 crore.
The lack of data has made difficult the commerce and industry ministry’s plans to expand the Services Exports from India Scheme (SEIS) and provide a crucial leg-up to new sectors.