The government will extend the same facilities that the garment sector currently enjoys to other sectors as it earnestly looks to diversify Bangladesh’s export basket and reduce the dependency on apparel.
VF Corp. announced it is separating VF Jeanswear from its parent company and making it a part of a new company called Kontoor Brands, Inc.
Making the Case for Improving a Laudable Initiative.
The Central Board of Indirect Taxes & Customs (CBIC), the apex policy-making body for indirect taxes, seems to be in no mood to consider giving exporters exemption retrospectively from the pre-import conditions to avail I-GST (Integrated Goods and Services Tax).
In order to pull the plug on GST evasion, the government is working on a mechanism wherein businesses with a turnover exceeding a particular amount will have to generate electronic invoice either on a government portal or on the Goods and Services Tax (GST) portal.
Tirupur, May 1 (KNN) Lakshmi Vilas Bank has launched a specialized current account for the exporter community at an attractive pricing of Rs 75 on a host of remittance, trade and forex transactions.