Mumbai: As we prepare to enter the New Year, it’s time to reassess 2019 and the directions come out very strongly for the fashion apparel industry.
The International Trade Administration under the US department of commerce recently announced that 376,935,586 square meters equivalent of apparel articles assembled in Haiti will be eligible for preferential treatment under the Haitian Hemispheric Opportunity Through Partnership for Encouragement (HOPE) Act from December 20 this year to December 19 next year.
Tax authority given the right to restrict the use of balance in electronic credit ledger
Taxpayers can clear their backlog of GSTR-1, pending from July 2017 to November 2019 without paying any late fees as the authorities have provided a one-time measure to clear backlogs.
In November, the government took an unprecedented decision to withdraw from the Regional Comprehensive Economic Partnership (RCEP), which was to be the world’s largest economic integration agreement between 16 East Asian economies.
BENGALURU: Allen Solly Women reported about 70% surge in its average sales a month ago when the women’s clothing brand introduced 70-80 styles meant for four different Indian body types, from slender to generously built women.