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Related Keywords: 000, country’s largest man-made fabric, facing difficulties on GST portal, FOSTTA, MMF hub, movement of goods worth more than Rs 50, online e-way bill generation, sought extension of deadline, technical glitches, textile traders, trial basis for inter-state movement

The textile traders' community in the country’s largest man-made fabric (MMF) hub has been facing lot of difficulties on the GST portal due to technical glitches and sought extension of deadline in the online e-way bill generation. An e-way bill is required for movement of goods worth more than Rs 50,000.

Though the central government has launched the e-way bill generation on trial basis for the inter-state movement of goods above Rs 50,000 starting from January 16, the traders have demanded that implementation of e-way bill must be done only after ensuring the system works properly.

Related Keywords: adversely affected by anti dumping duty on PTA, benefit giant industries monopolize yarn manufacturing business, Finance ministry of India decision to impose definitive anti dumping duty, high import duty will prevent small spinners in Surat, iporting PTA, main raw material, manufacturing of yarn, MMF hub, Purified terephthalic acid, Surat

Surat, India's largest man-made fabric (MMF) hub to be adversely affected by the decision of Government of India's finance ministry to impose definitive anti-dumping duty on purified terephthalic acid (PTA) imports from China, Iran, Taiwan, Indonesia and Malaysia.

As per the government notification, the PTA imports from China, Iran, Taiwan, Indonesia and Malaysia will attract duty ranging from $85.67 per tonne to $168.76 per tonne. The high import duty will prevent small spinners in Surat and other places in the country from importing PTA, main raw material for manufacturing of yarn.

Related Keywords: asked to return, cancelled orders, FOSTTA, hard hit Surat polyester fabric trade, including saris and dress material, Jat agitation in Haryana, MMF hub, northern India buyers, ongoing quota reservation, SGCCI, STGTA, stopped accepting supply orders, Surat City-based transporters, textile traders, trucks loaded with textile fabrics

Jat agitation in Haryana for ongoing quota reservation has hard hit Surat’s polyester fabric trade, the country's largest man-made fabric (MMF) hub as over 300 trucks, loaded with textile fabrics including saris and dress materials that had set journey towards Delhi, Haryana and Punjab on Friday, have been asked to return following widespread incidents of violence and arson on the Haryana-Delhi and Haryana-Amritsar highway.

Related Keywords: Baseline Survey of Powerloom sector, Bhiwandi, Ministry of textile, MMF hub, poly cotton center, polyester yarn, Powerloom Service Centre, shuttleless looms, Surat

The first ever 'Baseline Survey of Powerloom sector' conducted by AC Neilsen ORG MARG for ministry of textiles, government of India confirm Surat as the biggest man-made fabric (MMF) hub in India.
 
The objective behind the survey was to collect authentic data on the number of powerlooms in India, various kinds of fabric produced and other information. A nine page format was designed and information was collected with the assistance of Powerloom Service Centre (PCS) and powerloom associations across India.
 

Related Keywords: anti dumping duty, costlier, crude oil prices, finished fabrics, MMF hub, polyester yarn, Surat weavers, textile traders

Textile entrepreneurs from the country's biggest man-made fabric (MMF) hub of Surat are concern over the rising crude oil price and imposing of the anti dumping duty on polyester yarn.
 
Rise in crude oil price in Asia due to continuous violence in Iraq, yarn manufacturers have increased the prices of yarn by Rs 4 per kilogram. While with the anti-dumping duty on polyester yarn, the basic raw material for Surat’s MMF sector, the local weavers in the powerloom sector has to heavily depend on domestic manufacturers.