The Gujarat state government has issued a notification under the Gujarat Goods and Service Tax Act, 2017 exempting all the textile fabric from generating the e-way bill for intra-city and intra-state movement. The rule will come into force from February 1, which is welcomed by the traders in the country's largest man-made fabric (MMF) wholesale market Surat on Monday.
However, the intra-city and intra-state movement of yarn, which is the basic raw material for the powerloom sector, will have to generate e-way bill along with other 18 items described in the notification.
Sources in the traders' community said that the decision of Gujarat government will go a long way in curbing the problems faced by the textile traders regarding the generation of e-way bill for the intra-city and intra-state movement of the textile fabrics. However, the traders will continue to demand the extension of the national e-way bill for another six months.
Narandra Saboo, owner of Manbhari Prints said that the decision was long awaited and the entire traders' community is happy. They, now request the Central government to simplify the e-way bill process for the inter-state movement of the textile fabric.
Director of Laxmipati saris and textile leader, Sanjay Saraogi said that now, the fabric parcels moving out of the textile shops at Ring Road will not require e-way bill. However, the inter-state e-way bill is still required for the traders.
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton.
One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries.
Countries Served Worldwide