Indian Texpreneurs Federation (ITF) has appealed to all brands and retail chains operating in India to source their requirements from within the country instead of importing.
The Indian Texpreneuers Federation plans to write to Indian and international brands requesting them to source garments for the domestic market from the manufacturers in the apparel clusters in India.
Clubbing 12% and 18% rates may cause an annual revenue loss of ₹1 lakh cr: Official.
NEW DELHI: A commerce department strategy paper has suggested a slew of measures to boost exports and reduce imports to check the massive trade deficit with China.
Chandigarh: Collecting Rs 167 as GST (goods and services tax) on discounted retail price has cost online shopping portal Myntra Designs Rs 2 lakh. The district consumer disputes redressal forum has found it guilty of overcharging customer Ravi Inder Singh of Sector 43.
As per the system being worked out by the Revenue Department, the taxpayer will get full refund from his jurisdictional officer once the claim is sanctioned, while at the back-end the Centre and States will apportion the amount to be paid to each other.