Surat textile sector opposes proposed merging of GST slabs
Surat: The Southern Gujarat Chamber of Commerce and Industry (SGCCI) has opposed the central government’s decision to merge the goods and service tax (GST) from the current four slabs. The SGCCI has written a letter to the union finance ministry stating that the move to merge four slabs into three would have a negative impact on the textile sector. The Centre has proposed to reduce GST slabs…