Monday, September 17, 2018, New Delhi: Ministry of Commerce & Industry, DGCI&S, issued the Quick Estimates of EXIM data for the month August 2018. Shri Sanjay K Jain, Chairman, CITI stated that the exports of textile and apparel stood at Rs.21,895.00 crore during August 2018 as compared to Rs.18,533.00 crore during August 2017 showing an increase of 18%….
The Goods and Services Tax (GST) which is considered as the biggest economic reform in India, completed one year of implementation on 1st July 2018. I congratulate Hon’ble Prime Minister, Hon’ble Union Minister of Finance and all the concerned policy makers and tax administrators including GST Council for its successful implementation.GST is aimed to abolish multiple taxes, including Central taxes such as excise duty, services tax, countervailing duty and state taxes – including value added tax, octroi and purchase tax and unite the country under. ….