GST On Textile: Surat To Join Nationwide Strike To Oppose Tax Hike - Vibes Of India

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GST On Textile: Surat To Join Nationwide Strike To Oppose Tax Hike

| Updated: December 29, 2021 19:57

From January 1, a uniform goods and services tax of 12% will be imposed on man-made fibre and readymade garments even as the textile industry is worried that it will increase prices, hurt demand and cause job losses. In this light, the Confederation of All India Traders (CAIT) has declared a one day strike. In this strike textile markets, textile shops, footwear shops, garment factories and related showrooms will participate in the nationwide ongoing protest on December 30 2021 throughout the country.

The leader-body of CAIT had informed in a press note that the merchants. textiles, garments and footwear have chosen to opt for a peaceful protest strike on December 30th to prove their point as the central government didn’t roll back the notification issued earlier regarding 12 per cent GST despite repeated appeals.

FOSTA (organization of Surat material brokers affiliation) President Manoj Agarwal and general secretary Champalal Bothra have likewise appealed to shut every one of the 70 thousand textile shops in Surat on 30th December as part of the trike. The power loom industry and dying procession handling industry have also appealed to join the strike.

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