Home / Knowledge / News / Textiles / Surat textile traders protesting GST
Surat textile traders protesting GST
04
Jul '17
Implementation of GST in India has led to protests in several parts of the country such as Surat, Jaipur, Kanpur and Bhopal. Protests have been on since even before the new tax regime came into effect on July 1, 2017. Small traders in Surat, considered a hub of textile industry, say that they will have to pay 20 per cent more tax than bigger companies.

Surat produces 60 per cent of the country’s synthetic cloth. The city has more than 7,20,000 looms operated by over 1,50,000 entrepreneurs, according to media reports.

The textile traders supported an indefinite bandh on July 3, 2017 called by the GST Sangharsh Samiti against the five per cent GST rate on textiles. The traders are demanding abolishing of GST and implementation of a simple tax, the report said.

The GST Sangharsh Samiti had called for an indefinite bandh on July 2 in Surat textile market, one of the largest in the country, protesting the imposition of five per cent GST on textiles. Several cloth markets in the state remained closed as most traders had not registered for the new tax system and did not have the GST number. They hope that the central government will come out with some solution to the five per cent GST rate.

The reports said that the police wielded batons to disperse the agitators who allegedly engaged in stone-pelting. “We had to resort to lathicharge after some protesters pelted the policemen with stones, injuring one personnel,” Surat Police commissioner Satish Sharma was quoted as saying.

Small traders say the tax is adversely affecting their businesses. They are also contending that the time period given to them for GST compliance was short. They say that the GST should be imposed on ready-textile products and not on cloth. (SV)

Fibre2Fashion News Desk – India


Must ReadView All

Coats acquires yarn manufacturer Patrick Yarn Mill

Textiles | On 12th Dec 2017

Coats acquires yarn manufacturer Patrick Yarn Mill

Coats, the world’s leading industrial thread manufacturer, has...

India’s garment imports from Bangladesh up 56% post-GST

Apparel/Garments | On 12th Dec 2017

India’s garment imports from Bangladesh up 56% post-GST

India has imported $87.4 million worth of readymade garments from...

Courtesy: Badger Sportswear

Apparel/Garments | On 12th Dec 2017

Badger Sportswear acquires Alleson Athletic

Badger Sportswear, a leading manufacturer of athletic apparel and...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search