Country’s largest man-made fabric (MMF) wholesale market received a temporary relief after the central government delayed the implementation of the requirement to carry e-permits for inter-state transportation of goods owing to technical problems. Traders want the government to postpone the implementation of e-way bill for six months in order to allow them to get accustomed to the new rule and also because they were still facing problems filing returns on GST portal.
Meanwhile, Federation Of Indian Art Silk Weaving Industry (FIASWI) has decided to convene a meeting of industry stakeholders to decide future course of action regarding the pending issues related to GST. Federation of Surat Textile Traders Association (FOSTTA) president Manoj Agarwal say Union Budget should have given relief to the textile sector, but it has failed expectations. It’s good that the e-way bill has been deferred, but the government will launch once the technical glitches are removed.
Pandesara Weavers Association president Ashish Gujarati say the key demands of power loom weaving sector, including refund on input tax credit and credit on opening stock, are not addressed by this government. The power loom weaving sector is operating on losses.