Industry fears that the Goods and Services Tax (GST) Council’s decision to further restrict input tax credit (ITC) on invoices not uploaded in the relevant form would block the cash flow of businesses, says the latter, at a time when they’re struggling on finances due to economic slowdown.
Lenders to Sintex Industries Ltd. rejected a debt restructuring plan by the company and intend to push it into bankruptcy, people familiar with the matter said.
Data from WRAP’s Sustainable Clothing Action Plan (SCAP) shows reductions in water consumption and carbon emissions achieved by the clothing industry but only slow progress on reducing waste across supply chains.
Mumbai, Dec 19, The rupee opened on a weak note and fell 5 paise to 71.02 against the US dollar in early trade on Thursday tracking cautious opening in domestic equities.
New Delhi: Most of the states opposed change in slabs or hike in GST during the crucial GST Council meeting on Wednesday arguing an increase in the levies would have adverse implication for the economy facing slowdown, said sources.
Data from WRAP’s Sustainable Clothing Action Plan (SCAP) shows reductions in water consumption and carbon emissions achieved by the clothing industry but only slow progress on reducing waste across supply chains.