TS seeks withdrawal of GST hike on textiles
The Hindu
KTR writes to Union Textiles Minister Piyush Goyal
Telangana government has urged the Centre to drop its plan to hike the GST on textiles and handlooms from 5 to 12% from January 1 because the sector is going through a tough phase due to the impact of pandemic.
In a letter to Union Textiles Minister Piyush Goyal, Industries Minister K.T. Rama Rao observed that taxes were never levied on handlooms in the country’s history. The Centre’s move to impose 5% tax initially was strongly opposed by textiles and handlooms sector across the country. The latest decision to impose additional 7% cent GST on the handlooms would leave the sector crippled, he said.
Telangana produces world class handlooms and weavers are worried lot due to the Centre’s decision, he observed.
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