GST Workshop in India

GST Workshop in India

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Around 175 officials attended the ministry of textiles training workshop on GST. The workshop covered the tax structure for the textile sector and clarified the doubts raised by industry participants. The event was held in partnership with the National Academy of Customs, Excise and Narcotics under the revenue department.  

The union textiles minister, Smriti Irani, chaired the workshop which was attended by officials from the ministry, its PSUs and Export Promotion Councils. The demonstration sessions discussed about several transition issues related to procedures to be followed on registration, migration, refund and credit for duty paid on stock among others.

The Clothing Manufacturers’ Association of India (CMAI) made a presentation on software named ‘Adhigam during the workshop. Adhigam has been developed by TCS, for the use of CMAI members. The software automatically sends reminders to a vendor or a supplier, who has not paid tax at any stage in textile value chain. It offers multi lingual solutions and essentially aims at making the small manufacturers and traders GST ready. The software also enables traders to scan the existing invoice and translate it into a GSTN-compliant invoice. It operates on the principle of inter-locking and will enable matching and marrying of Input Tax credit of invoices in the value chain, with automatic reminders to the vendor to pay tax when they are due.