Textile traders on 3-day bandh over GST
The textile trading community has decided to call for a major shutdown of business, to oppose the imposition of goods and services tax (GST) from July 1.
The textile trading community has decided to call for a major shutdown of business, to oppose the imposition of goods and services tax (GST) from July 1. Some 50,000 textile dealers in Ahmedabad will shut shop for three days starting June 27, in protest against GST. Textile traders are protesting the 5 per cent GST imposed on the cloth business from July 1.
Textile traders in Surat have already been observing a bandh since June 24. Estimates by the association of wholesale cloth traders indicate that around 3 lakh cloth traders across the State will join the three-day bandh. Apart from Surat and Ahmedabad, textile traders in Jetpur, Junagadh, Rajkot, Bhavnagar and Surendranagar are also likely to join the bandh.
CATEGORIES Industry Update