FM: Organized traders and unorganized sellers in Textile Sector have not been affected by the Goods and Services Tax (GST)

FM: Organized traders and unorganized sellers in Textile Sector have not been affected by the Goods and Services Tax (GST) https://www.taxtmi.com/news?id=18416 GST rates for the textile sector set differential rates for fibres, yarns, fabrics and garments/made ups, include a no refund rule for fabrics' unutilised input tax credit, and impose two-tier garment rates by sale value to preserve the input tax credit chain and avoid domestic import distortions; administrative facilitation like GST registration and GST Sewa Kendras support taxpayer compliance. en-us Tue, 18 Jul 2017 15:54:19 +0530 Tue, 18 Jul 2017 15:55:00 +0530 TaxTMI RSS Generator FM: Organized traders and unorganized sellers in Textile Sector have not been affected by the Goods and Services Tax (GST) https://www.taxtmi.com/news?id=18416 GST rates for the textile sector set differential rates for fibres, yarns, fabrics and garments/made ups, include a no refund rule for fabrics' unutilised input tax credit, and impose two-tier garment rates by sale value to preserve the input tax credit chain and avoid domestic import distortions; administrative facilitation like GST registration and GST Sewa Kendras support taxpayer compliance. News - Tue, 18 Jul 2017 15:54:19 +0530 https://www.taxtmi.com/news?id=18416