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

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Robert Brunner
Devereux

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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