Textile industries protest against GST in Erode

Around 30 crore of business was affected due to strike in Erode, said textile industry workers.

Update: 2017-07-06 10:34 GMT
Assocham said existing assessees have not yet migrated to the GSTN portal due to reasons like non-familiarity with IT tools as well as registration process.

Erode: Textile industries in Erode commenced a six-day strike demanding abolition of GST on textile goods on Thursday.

More than 10,000 power looms, 5,000 textile retail shops, 400 textile bleaching, dyeing and printing units participated in the strike, industry sources said.

After GST was rolled out, Erode Handloom Cloth Merchants association, power loom weavers association, bleaching and dyeing units had made a representation to the Centre for abolishing the five per cent GST imposed on textile goods.

President of Erode Handloom Cloth Merchants Association R Ravichandan claimed that "Strike is total. About Rs 30 cr worth business would be affected in a day due to the strike. We will continue the strike till July 11," he told reporters.

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