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April 2018
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Business News
Textiles minister takes stock of industry's GST preparedness
 
New Delhi, Jun 22 (PTI) Union minister Smriti Irani today chaired a workshop to assess the readiness of the textiles sector PSUs, export promotion councils and other stakeholders on the Goods and Services Tax (GST).

According to official sources, the textiles minister also allayed the industry's concerns on the impact of the GST in the meeting.

"Workshop conducted today will further benefit officials, EPCs and PSUs in spreading awareness among traders/manufacturers across the country," Irani said in a tweet.

On May 4, the textiles ministry had directed all its export promotion councils and public sector undertakings to conduct awareness camps on basic features and procedures of the GST, set to be rolled out from July 1.

"Most PSUs have completed or are at different stages of registration, migration/transition of their software to a GST compatible software," Irani said.


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