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Surat textile trader hit hard as UP, Bihar return goods on want of e way bill

Related Keywords: Bihar and Uttar Pradesh border check post, despite GST Council relaxing, e-way bill norms till 2018, good amount of business, hit hard, ongoing marriage season, returning huge quantity of fabric parcels, Surat textile traders, valued at crores of rupees, want of the e-way bill

Surat textile traders, hopeful of doing a good amount of business during the ongoing marriage season has been hit hard as Bihar and Uttar Pradesh border check post has started returning huge quantity of fabric parcels valued at crores of rupees due to the want of the e-way bill.

Traders stated that despite the GST Council relaxing the e-way bill norms till 2018, local GST officials in Bihar and Uttar Pradesh are not allowing the textile goods to enter the states without e-way bill.

Transporters, processors urged to reduce charges to make Surti fabrics cost effective

Related Keywords: capitalize dwindling oil, dwindling demand, end consumers, FOSTTA, make cost effective, polyester yarn prices, reduce charges, Surat textile traders, surti fabrics, textile markets, textile processors, transporters

The textile traders of Surat's wholesale market to make Surti fabrics more cost-effective for the end consumers across the country have urged the transporters and textile processors to reduce their charges In order to capitalize on dwindling oil and polyester yarn prices.

They have been facing a tough time for the past few month with the supply of fabrics in value terms decreasing by almost 30 percent due to dwindling demand from the key markets such as Delhi, Mumbai, Kolkata, Punjab, Chandigarh, Chennai etc.

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