CA Services for Textile Industry in India

N D Savla & Associates – Chartered Accountants for Textile Businesses

The textile industry operates on scale, tight margins, seasonal demand, and complex compliance. From yarn procurement to finished goods sales, textile businesses deal with inventory-heavy operations, GST complexities, and frequent audits.

N D Savla & Associates provides specialised CA services for textile manufacturers, traders, processors, and exporters, helping businesses stay compliant, control costs, and maintain financial discipline.

We work with businesses across spinning, weaving, processing, garment manufacturing, trading, and textile exports.


Key Accounting & Compliance Challenges in the Textile Industry

Textile businesses face challenges that require industry-specific understanding:

  • Multiple GST rates across yarn, fabric, and garments

  • Job work accounting and compliance

  • High inventory volume and valuation issues

  • Seasonal sales and working capital pressure

  • Export documentation and foreign remittance compliance

  • Regular audits and departmental scrutiny

Our focus is to bring structure, accuracy, and visibility to textile finances.


Our CA Services for Textile Businesses

1. Accounting & Bookkeeping for Textile Companies

We maintain textile-ready books of accounts, including:

  • Yarn, fabric, and finished goods inventory tracking

  • Job work and process-wise accounting

  • Costing and margin analysis

  • MIS reports for management decisions


2. GST Compliance & Advisory for Textile Industry

GST in the textile sector requires careful handling:

  • GST registration and return filing

  • Correct GST rate and HSN classification

  • ITC reconciliation and mismatch resolution

  • Job work GST compliance

  • GST audits and notices handling


3. Income Tax & Corporate Tax Services

We assist textile businesses with:

  • Income tax return filing

  • Advance tax planning

  • Tax optimisation strategies

  • Scrutiny assessments and appeals


4. Statutory Audit & Internal Audit

Our audit services help textile businesses stay inspection-ready:

  • Statutory audits

  • Internal audits

  • Inventory and process audits

  • Compliance and control reviews


5. Textile Business Setup & Expansion Advisory

For new units and expanding operations, we assist with:

  • Business structuring and entity selection

  • Accounting system and compliance setup

  • Financial planning and cash flow management

  • Support for capacity expansion


6. Export & Import Compliance for Textile Businesses

For textile exporters and importers, we handle:

  • Export accounting and documentation support

  • FEMA advisory

  • 15CA/15CB certification

  • Foreign remittance compliance


Who We Serve in the Textile Sector

  • Textile manufacturers

  • Garment manufacturers and exporters

  • Yarn and fabric traders

  • Textile processing units

  • Job work units

  • Textile export businesses


Why Textile Businesses Choose N D Savla & Associates

  • Strong understanding of textile operations

  • Proven GST and audit expertise

  • Experience with inventory-driven businesses

  • Clear communication and practical advice

  • Timely compliance and proactive support

  • Trusted by textile businesses across India

We understand that textile businesses need cost control, compliance certainty, and financial clarity to grow sustainably.

Frequently Asked Questions

Yes. Different products and job work activities attract different GST rates, making compliance complex.

Most textile businesses require statutory audits based on turnover. Internal audits are also recommended.

Yes. We handle GST and income tax notices end-to-end.

Yes. We support textile exporters with accounting, FEMA compliance, and certifications.

Yes. We assist from structuring and registrations to accounting and compliance setup.