Related Keywords: all varieties of textiles and fabrics, Delhi government tax policy, except khadi and handlloom, for textile industry, higher tax on both the raw material and finished product, no blanket VAT on textile and fabrics, other manufacturing hubs, textile traders opposing, uniform rate of five percent
Textile traders opposing to the Delhi government's tax proposal for the textile industry as the uniform rate of 5% on all varieties of textiles and fabrics except khadi and handloom would hit business.
Traders also pointed out that other manufacturing hubs like Surat, Mumbai, Malegaon, Erode, Gorakhpur, Kanpur, Amritsar and Ludhiana levy no blanket VAT on textiles and fabrics.
The Textile Association (India) member J B Soma, said that traders would write to the government to junk the hike.
