In an order that will offer some succour to exporters, the Gujarat High Court directed the Department of Revenue, Ministry of Finance to pay interest to a party at the rate of 9% per annum for delay in granting refund under the Integrated Goods and Services Tax (IGST) Act.
Work on modernisation of textile hub at E.K.M. Abdul Gani Textile Market complex (Gani market) at Panneerselvam Park at ₹ 51.59 crore began here on Thursday and is expected to be completed in 18 months.
Tirupur: The city corporation is likely to set up two solar plants on its land in Iduvai at a total cost of Rs 39.02 crore. The plan is to use the power to operate drinking water pumping stations.
HYDERABAD: Not all the companies that initially showed interest will set up units at what has been described as the country’s biggest upcoming textile park at Warangal in Telangana.
The 36th meeting of Goods and Services Tax (GST) Council has been rescheduled for July 27. The meeting was to be held on Thursday but was called off because of “Finance Minister’s preoccupation.”
Order in Reckitt case may provide relief to industry