Excelsior Correspondent
SRINAGAR, Dec 8: Apni Party president Syed Mohammad Altaf Bukhari has expressed concern over the proposed GST hike up to 28 percent on textiles.
In a statement, Altaf Bukhari said that the massive hike would adversely impact the traditional industries of Kashmiri shawls, crewel, and other traditional textiles.
“The proposed GST hike of up to 28 percent on textiles, if implemented, would severely impact the livelihoods of poor artisans, particularly those involved in weaving shawls, crewel, and other traditional textiles in the Kashmir valley. I strongly urge the Union Government not to approve this proposal in the larger interest of the artisan community,” he said.
Altaf Bukhari issued the statement after he received a representation from the Kashmir Chamber of Commerce and Industry (KCCI), urging him to take up the matter with the Central Government.
In its representation, the KCCI stated that the GoM has proposed increase in the GST rate on textiles. Items priced between Rs 1,500 and Rs 10,000 would be taxed at 18 percent, while textiles priced above Rs 10,000 would fall under the highest GST slab of 28 percent.
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