CMAI LAUNCHED GST SOFTWARE ‘ADHIGAM’ DEVELOPED FOR TEXTILES, GARMENT MANUFACTURERS & RETAILERS, IN ASSOCIATION WITH TATA CONSULTANTY SERVICES & SHAH CHAMBERS

E-WAYBILL PROCEDURE LIKELY TO  BE SIMPLIFIED, INFORMED D.M.AKHADE, CO-CONVENER –GST COUNCIL OF GOVT. OF INDIA

 

GST IS VERY SIMPLE AND GOVT. HAS OPEN MIND, SAID ROHAN SHAH OF SHAH CHAMBERS

 

 

The Clothing Manufacturers Association of India (CMAI), in association with Tata Consultancy Services (TCS) and Shah Chambers, have developed a software for Textile & Garment manufactures, traders & retailers to alert them about Goods And Services Tax (GST) compliance. This unique software was  launched on 15th June 2017 in Mumbai.  Priced at an extremely reasonable level, the software has  unique features for highlighting the levels of compliance. The software automatically sends reminders to a vendor or a supplier, who has not paid tax at any stage in textile value chain. A manufacturer knows which vendor in the value chain has not paid the tax and hence the garment manufacturer can guide the vendor to pay the tax, said Mr. Rahul Mehta, President of CMAI.

 

CMAI organized a GST Seminar on Thursday, 15th June 2017 at Yogi Sabhagruh in Dadar(E), Mumbai. The eminent GST consultant Mr. Rohan Shah of Shah Chambers (Advocate, Supreme Court) stated that in order to curb inflation, the Govt. has made provision for the businessmen to pass the benefit to the consumer in case of tax reduction and more input credit received by the businessman.

 

Mr. D.M. Akhade, Joint Commissioner, Head –GST Cell, Maharshtra and Co-Convener GST Council, Govt. of India stated that E-Waybill procedure is likely to be simplified and various recommendations received on the subject will be discussed in next GST Council meeting on Sunday, 18th June 2017.So far rules have not been framed for E-Way Bill procedure and it would take 3 to 4 months’ time. As the Border check posts, octroi and LBT will be removed from 1st July 2017, the transportation of goods would be done with ease. He further stated that under GST Composition Scheme, manufacturers will have to pay 1% or 2% GST rate depending on certain criteria, but these have yet to be notified. He advised businessmen to come in the GST structure and stay away from any wrong dealings.

 

Mr. GajananKhanande, Deputy Commissioner, Automation Unit- GST Mumbai stated that the Govt. would give 90% refund amount within 7 days. In case, the refund is delayed beyond 3 months, the Govt. would pay interest.

 

 

Mr. ArunBirajdar, Deputy Commissioner, Nodal Division-5, Mumbai and Smt. GeetanjaliTemgire, Deputy Commissioner, Nodal Division -5, Mumbai also attended the Seminar.

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