News
Weavers write to anti-profiteering panel over GST tiff
- Date:
- May 20, 2018
- Source:
- Times Of India
Powerloom weavers have written to the National Anti-Profiteering Authority to take strict action against yarn spinners for artificially increasing prices by almost 35% and demanded that they be asked to repay the difference amount of GST reduced from 18% to 12% to them. Powerloom weavers have stated that the spinners were selling yarn at Rs 118 per kg when GST rate was 18%. When GST rate was…