Related Keywords: compared to cotton sector, consumer market, demand to consider level-playing field, GST Council, man-made fabric sector, Pandesara Textile Association, sectoral co-convener of goods and services tax, SGTPA, South Gujarat Textile Processors Association
The South Gujarat Textile Processors Association (SGTPA) leader recently met the sectoral co-convener of goods and services tax (GST) council Yogendra Garg on Wednesday demanding the council to seriously consider providing a level-playing field for the man-made fabric (MMF) sector compared to cotton sector. GST on MMF yarn is 18 percent whereas on fabric is 5 percent while for cotton yarn and fabric both, the GST rate is uniform at 5 percent.
