The potential of the apparel and textile sector of Chattogram was discussed at the press conference by RedCarpet365, which was held on March 30, 2019, at the Chattogram Press Club. The forum was held on the occasion of BIGTEX, Bangladesh International Garment & Textile Machinery expo 2019, to be held from April 4-6, 2019, at the GEC convention centre.
YORKVILLE, Illinois — April 1, 2019 — Aurora Specialty Textiles Group has won SGIA’s 2019 Sustainable Business Recognition award, which spotlights leaders in the global printing industry that have implemented programs that reduce that company’s environmental impact and protect and improve employee safety.
A scheme that offers rebate on all taxes at the central and state levels to the exporters of apparel and made-ups is likely to be extended to all categories of textile exports as an alternative to the MEIS scheme that must be withdrawn under WTO rules.
Racing against time to meet the GST collection target for 2018-19, tax officers have been prodding businesses to pay taxes by Sunday so that the amount gets reflected in the GST revenue collection data for March to be released on April 1 (Monday), a government official said. Since taxes collected by non-EDI (electronic data exchange) ports takes about four-five days to get reflected in the system, the government is planning to come out with a reconciled data for full fiscal by April 10, the official further added.
The pilot project envisaged for rolling out simplified monthly goods and services tax (GST) return forms from April 1 has been deferred and the new forms would be made available once they the notified and the software is ready.
The government is considering a scheme to refund taxes imposed on India’s exports to the US that will suffer loss of competitiveness once the concessional duties enjoyed under the Generalised System of Preferences (GSP) are withdrawn.