Yarn spinners not passing on reduced GST benefits, say weavers

The power loom sector has petitioned the Goods and Service Tax (GST) Council and the  Gujarat state GST commissioner against yarn spinners for not passing on the benefits of the reduced GST rate from 18 per cent to 12 per cent on the supply of yarn to  power loom weavers .  The Federation of Gujarat Weavers Association (FOSTTA) in its petition stated that small and marginal weavers…