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  Business   Companies  22 Jun 2017  Textiles minister takes stock of industry's GST preparedness

Textiles minister takes stock of industry's GST preparedness

PTI
Published : Jun 22, 2017, 8:16 pm IST
Updated : Jun 22, 2017, 8:16 pm IST

Textiles minister also allayed the industry's concerns on the impact of the GST in the meeting.

Union Textiles Minister Smriti Irani.
 Union Textiles Minister Smriti Irani.

New Delhi: 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.

Tags: textiles minister, textiles sector, smriti irani, gst preparedness, goods and service tax, psu
Location: India, Delhi, New Delhi