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is likely to be extended to all categories of textile exports as an alternative to the MEIS scheme that must be withdrawn under WTO rules.
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loss of competitiveness once the concessional duties enjoyed under the Generalised System of Preferences (GSP) are withdrawn.
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.
New Delhi: The government has again extended its deadline to impose retaliatory customs duties on 29 US products, including almond, walnut and pulses, till May 2.
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.