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By: adminComments Off on Cir No. 52 / A-3 / 2021 – CMAI ADVISORY & RECOMENDED ARBITRATION CLAUSE IN ENGLISH & HINDI VERSION Circulars Cir No. 52 / A-3 / 2021 Cir No. 52 / A-3 / 202130th November 2021 TO ALL LIFE/PRIMARY/ AGENT & DISTRIBUTOR MEMBERS OF THE ASSOCIATION: Dear Sir, In these difficult times, recovery of dues has become a huge headache to all. Litigations in Indian Courts for minor Commercial disputes are time consuming and costly...
Mall developers and retail landlords offered concessions and waivers to retailers and restaurants during the first two waves of Covid. This was done in order to offset the impact of the pandemic on business. But now with retail sales. TO READ MORE: https://www.dfupublications.com/news/retail/malls-end-concessions-and-waivers-with-business-returning-to-normal
By: adminComments Off on ‘COMPLETELY UNJUSTIFIABLE’ GST RATE HIKE ON APPAREL, TEXTILES AND FOOTWEAR SHOW THE GOVT HAS NO EASY CHOICES
For years, the manmade fibre (MMF) manufacturers in the country made representation to the government to fix an anomaly in GST which had a severe impact on their business. The Finance Ministry finally on November 18 notified a 7% hike in GST. TO READ MORE: https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/completely-unjustifiable-gst-rate-hike-on-apparel-textiles-and-footwear-show-the-govt-has-no-easy-choices/87925615
The Confederation of All India Traders (CAIT) said that instead of simplifying and rationalising the GST tax structure, the GST Council has made it as “most complicated GST law in India over the world” and much against the GST structure shown. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/traders-up-in-arms-against-12-gst-on-textiles-footwear/87909089
