The Comptroller & Auditor General (CAG) has came down heavily on the GST (Goods & Services Tax) executioners saying that system is vulnerable to fraudulent Input Tax Credit (ITC claims).
British fashion brand Superdry will be adopting an omni-channel retail strategy as it plans to launch its India website mid-August. The company’s products are already sold across several key e-commerce platforms such as Myntra, Ajio and Amazon.
The export of cotton yarn has dropped 35% in the first quarter of FY20 to $696 million compared to $1.063 billion in the same period last fiscal.
Still curious as to why the fashion industry is so worked up about sustainability all of a sudden? It might have something to do with this: a recent study from the Environmental Protection Agency found that textile waste is up over 800-percent since 1960.
NEW DELHI: The commerce and industry ministry has floated a cabinet note for a new export incentives scheme that would be compliant with the World Trade Organization (WTO) norms.
Camira has acquired Luna Textiles, a San Francisco-based textile firm. Camira, an UK-based textile manufacturer, designs and manufactures around eight million metres of fabric a year used for worldwide commercial interiors and transportation. Luna has a distinctive portfolio of patterned textiles, designed for corporate, hospitality, and healthcare markets.