Andhra Pradesh Textile Federation (APTF) demanded the Union and state government to exempt GST tax on textiles. APTF’s President Busireddy Malleswara Reddy opined that imposing of GST would wreck small and medium textile traders.
Reddy at the inauguration of APTF office at Sri Krishnaveni Whole Sale Clothes Market in Panja Centre, on Friday said that from yarn to retailer 30 to 35 percent tax would be imposed under GST.
Reddy stated that they will convene a state-level meeting, on June 11 and that the federation would organize a protest until the centre rolls back GST tax on textiles.
Union government decided to impose 18 percent tax on yarn, 12 percent on readymade garments and 5 percent on retailer sales. This is a critical situation for traders.
Kathmandu has launched Seeker range, an innovative and sustainable activewear collection that merges eco-friendly advancements with functional design.
The Global Organic Textile Standard (GOTS), managed by the non-profit organization Global Standard, has joined the Make the Label Count…
Packaging company Pact Group has partnered with textile recycling technology firm BlockTexx to develop a system for recycling discarded clothing…
Loftex USA is strengthening sustainability with the launch of eco-friendly towel sets, blending innovative performance features with luxurious designs.
Toray Industries, Inc. announced that starting this April, it will implement the mass balance approach in manufacturing its TORAYLON™ acrylic…
Cxffeeblack has joined forces with COMOCO Cotton, a sustainable textile company, to create a special coffee-dyed T-shirt made from unbleached…