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Heimtextil will have a focus on the textile designers of tomorrow at its upcoming session to be held during January 7-10, 2020.

The government has so far paid Rs 62.5 billion to the local textile industry under Prime Minister’s Exports Enhancement Package since July 2017, to help boost exports from the country, senior official in the ministry of textiles and industry told APP here on Tuesday.

Concerned over a decline in GST revenues, tax officials are likely to examine the high usage of input tax credit (ITC) to set off tax liability by businesses, sources said.

Even before Prime Minister Narendra Modi commences his second term, textile traders in Surat have come up with a set of demands including that of developing a garment hub near the south Gujarat city as well as redressal of issues related to the goods and services tax (GST).

NEW DELHI:Top companies in the country may soon have to rely on a common goods and services tax portal to issue invoices to their customers. 

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