Unhappy with new GST measures: Surat textile traders

After the GST Council meeting, the government had announced that traders whose annual turnover is below Rs 1.5 crore will now have to file returns quarterly, instead of monthly.

Written by Kamaal Saiyed | Surat | Updated: October 8, 2017 7:38 am
Moreover, GST on yarn has been reduced from 18 per cent to 12 per cent and zari items from 12 to 5 per cent. (Representational)

Textile traders in Surat said they were unhappy with the relief measures relating to GST announced by Union Finance Minister Arun Jaitley on Friday. After the GST Council meeting, the government had announced that traders whose annual turnover is below Rs 1.5 crore will now have to file returns quarterly, instead of monthly. Moreover, GST on yarn has been reduced from 18 per cent to 12 per cent and zari items from 12 to 5 per cent.

“We are unhappy with the announcements made by the Union minister as no relaxation has been given to textile traders. We had made representations to the GST Council members and even delegates who came to Surat. Not a single demand of ours has been taken into consideration,” Manoj Agrawal, president of Federation of Surat Textile Traders Association (FOSTTA), told The Sunday Express.

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