Pre-order: Madhukar Hiregange's Guide to GST on Textile Industry (Edition 2025)
- Year of Publication: 2025
- Edition: 2025
- ISBN: 978-93-5603-739-7
The objective of these book titled Practical Guide for GST under Textile Industry in India is to be a comprehensive resource designed to help taxable persons, practitioners, and industry stakeholders navigate the complexities of Goods and Services Tax (GST) in the textile sector. The textile industry, one of India's oldest and most significant economic contributors, has faced complex taxation challenges since the introduction of GST in 2017. With over seven years of GST implementation, frequent amendments and evolving interpretations have added layers of intricacy to the tax structure. The book delves into sector-specific issues, covering manufacturers, traders, job workers, service providers, and exporters-offering clear guidance on tax implications, compliance procedures, and best practices.
It covers key conceptual aspects such as classification, Input Tax Credit (ITC), place of supply, time of supply, reverse charge mechanism, and transitional provisions. Additionally, the book delves into critical areas like imports, exports, Special Economic Zone (SEZ) supplies, and Foreign Trade Policy (FTP) incentives.
Beyond compliance, this guide also offers value-added insights into dispute resolution, departmental actions, and strategic tax planning, making it an essential reference for professionals seeking practical solutions and informed decision-making.
HIGHLIGHTS OF THE BOOK:
- In-Depth Practical Analysis -A detailed examination of GST provisions specific to the textile industry, supported by relevant landmark judgments.
- Common Issues & Solutions - Addresses real-world challenges faced by industry players, including inverted duty structures, compliance burdens, and varying tax rates across the textile value chain, while providing actionable solutions.
- Impact of GST on the Value Chain - Examines GST's implications on different aspects of the textile supply chain, from raw material procurement to finished product distribution, and its effect on cash flow, input tax credit utilization, and compliance requirements.
- Strategic Tax Planning- Offers practical insights into tax-saving opportunities, dispute mitigation strategies, and compliance best practices tailored to textile businesses.
Latest Amendments & Budget 2025 Updates - Covers recent regulatory changes, including key amendments by Finance Act, 2025, ensuring up-to-date guidance for industry stakeholders.
CA Madhukar N Hiregange, having 36+ years of Post Qualification Experience and Founder Partner of H N A Co., LLP (formerly known as Hiregange & Associates LLP), Specialized in Indirect Taxation, Firm located at 15 cities in India with 500+ committed staff. He is a Director of HNA Advisory Services Pvt Ltd.
He has Jointly Authored 36 books in IDT including GST and Contributed 1000+ articles. Regularly contributes on Linked in & Taxsutra. He Has been active in spreading awareness through his articles, videos and workshops on GST and empowerment.
He Contributed to the nation by volunteering to the Central Council of ICAI for 6 past years. Initially contributed to the students’ education and examination. Further from 2011 onwards empowered more than 150,000 CAs to take up Service tax and then GST practice. From Last 2 decades, he is on a mission to create committed professional leaders
and has encouraged 500+ leading professionals in Industry and Practice to take up ethical practice in IDT.
He Involved with Empower Education Foundation- supporting lesser privileged students in 6 schools & Hiregange Academy, a knowledge & employability NPO, which is serving 4500 learners per year to enhance their capability mainly in IDT and Excel skills.
In 2024- 25 planning an online initiative to share what is that which is not taught in schools & colleges in India through The Hiregange Bridge.
Recently started efforts on supporting professionals to energise their careers/ practice. A small booklet was penned- How to flourish in Career & Practice.
He Believes in value-based practice and life.
She is a Partner in HNA and Co LLP [formerly known as Hiregange & Associates] heading the consulting and compliance support divisions in Bangalore.
She has co-authored several books like A Practical Guide to GST on Real Estate Industry, A Practical Guide to GST on Textile Industry, GST Audit Handbook Government Perspective, Central Excise Made Simple, Handbook on Central Sales tax, Students Handbook on Indirect taxes, ICAI Background Material [BGM] of Certificate Course on Indirect Taxes of ICAI and the author of the 2/3 days Service Tax Enabler course conducted by ICAI.
Active speaker in seminars including of State Chartered Accountants Association, ICAI branches chapters across India, Hiregange Academy. Actively involved in sharing knowledge through seminars[online and in person] and articles, she has been regularly contributor of articles in past to Peenya Industries Association, Karnataka State Chartered Accountants Assn (KSCAA), Pune ICAI monthly newsletter and Ernakulam monthly newsletters of ICAI, Articles on CA Club, Linked In for past several years.
CA Yash Shah [FCA, DIIT, FAFD, Pursuing LLB] is a Qualified Chartered Accountant and presently heading the Ahmedabad Branch of the firm named HNA & Co. LLP (Formerly known as Hiregange & Associates LLP). HNA & Co. LLP has offices in 17 cities in India. He is a fellow member of ICAI. He is an alumni member of the H.L. Institute of Commerce
(Ahmedabad University). He is part of the Indirect Tax Committee of the Ahmedabad Branch of WIRC of ICAI & also for the Chartered Accountants Association, Ahmedabad for the year 2024-25. He is a regular speaker on the topic of Indirect taxes across ICAI, Study Circles, trade associations and serving the profession. He has written articles on various topics across online finance platforms in fields of Finance, Tax, Accounts, Digital technology, Forensic Audit, etc. He has a Diploma in International Taxation from the Institute of Chartered Accountants of India (ICAI), and he has also completed a Certificate Course in Forensic Audit & Fraud Detection. He is a regular contributor to providing answers & solutions to Queries on LinkedIn and other tax platforms on the subject matter of Indirect taxes.
About Taxsutra
Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.
Taxsutra suite of portals :
1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt)
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law
6. Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)
About Commercial Law Publishers (India) Pvt. Ltd.
Commercial LAW PUBLISHERS (INDIA) PVT. LTD. which is in the legal publishing business for nearly three decades is now one of the top ranking legal publishers in India–recognized and accepted by diverse professionals and business entities as well as Government Departments in view of the high quality, practical utility as well as diversity in subjects on which it brings out Books. It has the powerful backing of its vast exposure as the leading Books Distributor All over India for over 45 years. From just a couple of titles during the first few years of its publishing activity, Commercial has now around 200 titles and over 350 Bare Acts & Manuals in the field of Direct Indirect Taxes, Corporate Law and Civil/Criminal Laws. It successfully launched the Bare Acts project in the year 1996 and has so far brought out over 350 updated Bare Acts. These are much sought after since these Bare Acts are annotated ones containing notes and brief comments, thus enhancing their utility. Commercial has been bold enough to bring out Books, Commentaries and Referencers on hitherto untouched subjects like Legal Metrology. It has a record number of publications on Income Tax, Company Law, Customs, GST and Students Publications for CA & CS by bringing out high quality publications at affordable prices and is an highly ethical business enterprise. Commercial has withstood the market competition successfully over the years including competition from Foreign publishers and strives its best to serve the legal and corporate professionals better and better every day with its novel ideas and business strategy. Commercial is backed by a team of highly competent in-house professional experts supplemented by high profile authors who have stood by it for decades.
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- Year of Publication: 2025
- Edition: 2025
- ISBN: 978-93-5603-739-7
The objective of these book titled Practical Guide for GST under Textile Industry in India is to be a comprehensive resource designed to help taxable persons, practitioners, and industry stakeholders navigate the complexities of Goods and Services Tax (GST) in the textile sector. The textile industry, one of India's oldest and most significant economic contributors, has faced complex taxation challenges since the introduction of GST in 2017. With over seven years of GST implementation, frequent amendments and evolving interpretations have added layers of intricacy to the tax structure. The book delves into sector-specific issues, covering manufacturers, traders, job workers, service providers, and exporters-offering clear guidance on tax implications, compliance procedures, and best practices.
It covers key conceptual aspects such as classification, Input Tax Credit (ITC), place of supply, time of supply, reverse charge mechanism, and transitional provisions. Additionally, the book delves into critical areas like imports, exports, Special Economic Zone (SEZ) supplies, and Foreign Trade Policy (FTP) incentives.
Beyond compliance, this guide also offers value-added insights into dispute resolution, departmental actions, and strategic tax planning, making it an essential reference for professionals seeking practical solutions and informed decision-making.
HIGHLIGHTS OF THE BOOK:
- In-Depth Practical Analysis -A detailed examination of GST provisions specific to the textile industry, supported by relevant landmark judgments.
- Common Issues & Solutions - Addresses real-world challenges faced by industry players, including inverted duty structures, compliance burdens, and varying tax rates across the textile value chain, while providing actionable solutions.
- Impact of GST on the Value Chain - Examines GST's implications on different aspects of the textile supply chain, from raw material procurement to finished product distribution, and its effect on cash flow, input tax credit utilization, and compliance requirements.
- Strategic Tax Planning- Offers practical insights into tax-saving opportunities, dispute mitigation strategies, and compliance best practices tailored to textile businesses.
Latest Amendments & Budget 2025 Updates - Covers recent regulatory changes, including key amendments by Finance Act, 2025, ensuring up-to-date guidance for industry stakeholders.
CA Madhukar N Hiregange, having 36+ years of Post Qualification Experience and Founder Partner of H N A Co., LLP (formerly known as Hiregange & Associates LLP), Specialized in Indirect Taxation, Firm located at 15 cities in India with 500+ committed staff. He is a Director of HNA Advisory Services Pvt Ltd.
He has Jointly Authored 36 books in IDT including GST and Contributed 1000+ articles. Regularly contributes on Linked in & Taxsutra. He Has been active in spreading awareness through his articles, videos and workshops on GST and empowerment.
He Contributed to the nation by volunteering to the Central Council of ICAI for 6 past years. Initially contributed to the students’ education and examination. Further from 2011 onwards empowered more than 150,000 CAs to take up Service tax and then GST practice. From Last 2 decades, he is on a mission to create committed professional leaders
and has encouraged 500+ leading professionals in Industry and Practice to take up ethical practice in IDT.
He Involved with Empower Education Foundation- supporting lesser privileged students in 6 schools & Hiregange Academy, a knowledge & employability NPO, which is serving 4500 learners per year to enhance their capability mainly in IDT and Excel skills.
In 2024- 25 planning an online initiative to share what is that which is not taught in schools & colleges in India through The Hiregange Bridge.
Recently started efforts on supporting professionals to energise their careers/ practice. A small booklet was penned- How to flourish in Career & Practice.
He Believes in value-based practice and life.
She is a Partner in HNA and Co LLP [formerly known as Hiregange & Associates] heading the consulting and compliance support divisions in Bangalore.
She has co-authored several books like A Practical Guide to GST on Real Estate Industry, A Practical Guide to GST on Textile Industry, GST Audit Handbook Government Perspective, Central Excise Made Simple, Handbook on Central Sales tax, Students Handbook on Indirect taxes, ICAI Background Material [BGM] of Certificate Course on Indirect Taxes of ICAI and the author of the 2/3 days Service Tax Enabler course conducted by ICAI.
Active speaker in seminars including of State Chartered Accountants Association, ICAI branches chapters across India, Hiregange Academy. Actively involved in sharing knowledge through seminars[online and in person] and articles, she has been regularly contributor of articles in past to Peenya Industries Association, Karnataka State Chartered Accountants Assn (KSCAA), Pune ICAI monthly newsletter and Ernakulam monthly newsletters of ICAI, Articles on CA Club, Linked In for past several years.
CA Yash Shah [FCA, DIIT, FAFD, Pursuing LLB] is a Qualified Chartered Accountant and presently heading the Ahmedabad Branch of the firm named HNA & Co. LLP (Formerly known as Hiregange & Associates LLP). HNA & Co. LLP has offices in 17 cities in India. He is a fellow member of ICAI. He is an alumni member of the H.L. Institute of Commerce
(Ahmedabad University). He is part of the Indirect Tax Committee of the Ahmedabad Branch of WIRC of ICAI & also for the Chartered Accountants Association, Ahmedabad for the year 2024-25. He is a regular speaker on the topic of Indirect taxes across ICAI, Study Circles, trade associations and serving the profession. He has written articles on various topics across online finance platforms in fields of Finance, Tax, Accounts, Digital technology, Forensic Audit, etc. He has a Diploma in International Taxation from the Institute of Chartered Accountants of India (ICAI), and he has also completed a Certificate Course in Forensic Audit & Fraud Detection. He is a regular contributor to providing answers & solutions to Queries on LinkedIn and other tax platforms on the subject matter of Indirect taxes.
About Taxsutra
Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.
Taxsutra suite of portals :
1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt)
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law
6. Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)
About Commercial Law Publishers (India) Pvt. Ltd.
Commercial LAW PUBLISHERS (INDIA) PVT. LTD. which is in the legal publishing business for nearly three decades is now one of the top ranking legal publishers in India–recognized and accepted by diverse professionals and business entities as well as Government Departments in view of the high quality, practical utility as well as diversity in subjects on which it brings out Books. It has the powerful backing of its vast exposure as the leading Books Distributor All over India for over 45 years. From just a couple of titles during the first few years of its publishing activity, Commercial has now around 200 titles and over 350 Bare Acts & Manuals in the field of Direct Indirect Taxes, Corporate Law and Civil/Criminal Laws. It successfully launched the Bare Acts project in the year 1996 and has so far brought out over 350 updated Bare Acts. These are much sought after since these Bare Acts are annotated ones containing notes and brief comments, thus enhancing their utility. Commercial has been bold enough to bring out Books, Commentaries and Referencers on hitherto untouched subjects like Legal Metrology. It has a record number of publications on Income Tax, Company Law, Customs, GST and Students Publications for CA & CS by bringing out high quality publications at affordable prices and is an highly ethical business enterprise. Commercial has withstood the market competition successfully over the years including competition from Foreign publishers and strives its best to serve the legal and corporate professionals better and better every day with its novel ideas and business strategy. Commercial is backed by a team of highly competent in-house professional experts supplemented by high profile authors who have stood by it for decades.
