Textile merchants down shutters against GST

To observe June 30 as ‘black day’; small-time vendors will be hit, they fear

June 28, 2017 01:05 am | Updated 01:05 am IST - VIJAYAWADA

Cloth merchants on Tuesday launched their Statewide bandh in protest against imposition of 5% tax on textiles under the Goods and Services Tax (GST) regime, which would come into force from June 30 midnight.

The strike would continue till June 29. The traders would observe June 30 as “black day.” The traders, under the aegis of the Andhra Pradesh Textile Federation, staged a dharna in front of Krishnaveni Wholesale Cloth Market here. Waving black flags, they demanded that the Centre exempt textiles from the GST purview.

Federation State vice-president B.J.P. Srinivas said the GST would adversely affect the retailers and small-time vendors. More than 80% of the people buy clothes from the local merchants. Taxing the small-time merchants would affect them severely as they do not have proper computer knowledge to upload the bills and maintain accounts, he said. Treasurer Velampalli Ramachandra Rao said that lakhs of people were dependent on the textile trade. They were eking out their livelihood without depending on and expecting any assistance from the government. Though the government was providing incentives to all sectors, there was hardly any help to the textile trade. Also, levying a tax on textiles was unprecedented in the country’s history, he said.

Federation leaders Bachu Venkataprasad, Vagicherla Balaprasad, Vallamkonda Prasad, and Pokuri Ramesh spoke.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.