Bringing together experts and apparel-industry veterans, the Sustainable Apparel Coalition hosted its first Los Angeles event at the California Market Center on April 24.
Lack of fresh investment, undiversified product line key reasons.
The garment makers’ platform has rejected the report of the Transparency International Bangladesh (TIB) that says garment workers are getting 26 percent less than they should have despite a hike in their salary.
The Finance Ministry has introduced changes in the e-way bill system, including auto calculation of distance based on PIN codes for generation of e-way bill and blocking generation of multiple bills on one invoice, as it seeks to crack down on GST evaders.
The Finance Ministry may consider to raise the Rs 1 crore cap under the 59-minute loan scheme to Rs 3-5 crore.
In yet another simplification, the Goods and Services Tax (GST) Council has added flexibility into the way a company can utilise the available input tax credit. Any company would now be eligible to use credit available against paid integrated GST (IGST) to set off tax liabilities of state GST (SGST) and central GST (CGST) in any proportion and in any order, the GST Council said in a circular sent to field formations on Tuesday.