• Download mobile app
03 Mar 2021, Edition - 2059, Wednesday

Trending Now

  • Gujarat: Delhi CM Arvind Kejriwal holds road show in Surat, 3 days after the Gujarat civic polls.
  • Covid-19 vaccination: Registration of beneficiaries on Co-WIN for 2nd phase to start from March 1
  • India’s cumulative COVID-19 vaccination coverage has crossed 1.34 crores, says Union Health Ministry
  • India allows Pakistan PM Imran Khan to use airspace while flying to Colombo
  • Mathura will break ego and arrogance of BJP: Priyanka Gandhi
  • Farmers will gherao Parliament if government doesn’t repeal three agriculture laws: Tikait

Coimbatore

Exporters thank Commerce Ministry for extending IGST exemption till

Covai Post Network

Share

Coimbatore : Thanking the Commerce Ministry for extending IGST exemption till April one 2019, Tirupur Exporters Association (TEA) today said that this positive measure would be much helpful to the Tirupur Cluster who plan to go for import of machinery.

In a statement, TEA President, Raja M Shanmugham said that this has come in a time, when MSME exporting units were undergoing financial crisis due to blockage of Government receivables like Rebate on State levies and Duty Drawback including delay in getting GST Refund due to cumbersome procedures.

He thanked Union Commerce and Industry minister, Suresh Prabhu and Dr. Anup Wadhawan, Secretary, Department of Commerce for the measures.

Central Board for Indirect Taxes and Customs (CBIC) today issued a notification on extension of IGST exemption from October one 2018 to April one 2019 for Domestic Tariff Area exporting units also, Raja Shanmugham said.

Subscribe To Our Newsletter

COIMBATORE WEATHER