Textile body opposes GST

The Telangana State Federation of Textile Associations (TSFTA) has appealed to the Centre to reconsider the decision to impose Goods and Services Tax on textiles as the move would adversely afect the industry and result in increase in the price of fabric.

Terming GST, at the rate of 5% that textiles will attract, unfortunate, federation president Ammanabolu Prakash said hitherto textiles had figured in the exempted goods category.

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Printable version | Feb 26, 2020 6:31:35 PM | https://www.thehindu.com/news/cities/Hyderabad/textile-body-opposes-gst/article18725167.ece

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