Big GST Relief! Refund System Coming | Benefit For Textile & Footwear | Working Capital Unlocked #ETNOW
Big GST Relief! Refund System Coming | Benefit For Textile & Footwear | Working Capital Unlocked
Textile and footwear sectors get a major GST relief as the government rolls out a refund system from October 1. Faster refunds on input taxes aim to free up working capital, easing the financial strain on manufacturers and exporters. The move could boost liquidity, improve competitiveness, and provide relief to labor-intensive industries. We decode how GST on raw materials works, why refunds were delayed, and how this change impacts businesses ahead of the festive season.
#etnow #gstnews #gstreforms #topnews #businessnews #rawmaterials #textilesector #footwear #topnews
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