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Surat commercial tax commissioner requests report on GST losses in textiles

The commercial tax commissioner, P D Vaghela has asked leaders of Surat’s man-made fabric (MMF) industry to put together a report detailing GST losses in the textile sector. Vaghela met leaders from Surat’s textile industry including the Federation of Indian Art Silk Weaving Industry (FIASWI), Southern Gujarat Chamber of Commerce and Industry (SGCCI) and individuals from the power loom weaving sector. They were unanimous in demanding the state government give yarn exemption from the state’s e-way bill system to ensure freedom of movement.

Following the meeting, Vaghela asked leaders of the Surat textile industry to put forth their list of demands in a report that will also specify losses incurred by the textile sector post GST’s implementation last July. The report will then be reviewed by the GST Council who will decide on methodologies to resolve the issue.

FIASWI chairman Bharat Gandhi said, “The commercial tax commissioner heard the delegation members patiently and assured all possible assistance from the state government in resolving the issues related to e-way bill and GST. We have been asked to submit a detailed report on the losses and other issues to the government and the finance ministry for consideration in the upcoming GST Council meeting. The industry leaders have decided to wait for the GST Council meeting before deciding on their next course of action.”

 
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