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Textile industry wants to be placed in the lower slab of GST

Related Keywords: entire textile sector, industry can absorb the levy, Meeting held with textile minister Smriti Irani, MSME dominant nature, placed in the lowest slab of the GST, slender margins, Textile cluster, textile industry operating, Tirupur Exporters Association, without any significant impact on the business

At a meeting held with textile minister Smriti Irani in New Delhi, the Tirupur Exporters’ Association president Raja M Shanmugham said that because of its MSME dominant nature and the slender margins in which the textile industry was operating, the entire textile sector may be placed in the lowest slab of the GST so that industry can absorb the levy without any significant impact on the business.

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