Related Keywords: already paying five percent excise duty, AMMA, branded garments, drive RMG traders, implementation of additional two percent excise duty, out of reach for middle class section, tax burden, textile merchants into severe losses, Vijayawada Textile Merchants Welfare Association
Branded garments will be out of reach for middle class sections with the implementation of additional 2 percent excise duty as they were already paying 5 percent excise duty, this will drive readymade garments traders and textile merchants into severe losses.
Readymade garments traders and textile merchants demanding the Centre roll back 2 percent excise duty immediately, downed shutters in the city on Thursday.
Members of Vijayawada Textile Merchants Welfare Association also expressed solidarity by closing shops in Vasthralatha and Krishnaveni cloth market.
