GST dept yet to implement high court’s order on ITC

Surat: High court’s order that input tax credit (ITC) accumulated up to July 31, 2018 will not lapse had provided relief to powerloom weavers in Surat, but delay in its implementation by central government and GST department is troubling them.  At present, the man-made fabric (MMF) sector comes under inverted duty structure where duty on raw material or input as well as duty on finished produ…