Latest News – Cloth merchants plan to go on a three-day nationwide strike beginning June 27 in protest of 5 per cent GST (Goods and Services Tax) levied on the services (job work) rendered by them for the textile industry.
Thousands of cloth merchants across Ahmedabad, Surat and Jaipur have decided to shut shop between June 27 and 29, in a mpve likely to bring the entire textile value chain to a grinding halt. The protest is also expected to envelop Mumbai, Kolkata and other major cloth manufacturing and trading centres. Wholesalers, traders, angadiyas, transporters, courier companies exclusively working for cloth deliveries etc are also expected to join the protest.
These cloth merchants are demanding a one-year exemption from GST, in addition to proper training about tax levies and a help desk number with adequate guidance about the levy.
“Apart from yarn (Read More)