CAIT and associations from Delhi & Surat to protest against GST hike on textiles
New Delhi, Nov. 25 -- In response to hike in GST from 5% to 12% on apparels, textile, footwear has been termed as unjustified by the Confederation of All India Traders (CAIT).
"Instead of simplifying and rationalising the GST tax structure, the GST Council has made it as " most complicated GST law in India over the world" and much against the GST structure shown to CAIT by the then Finance Minister Arun Jaitley," said CAIT.
CAIT National President B C Bhartia & Secretary General Praveen Khandelwal said in cotton textile industry there was no inverted tax structure and questioned the decision of bringing fabric and other cotton textile goods under the 12% bracket.
"Even in the manmade textile industry, at the stage of manufacturing garm...
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