The traders have threatened that if the government does not roll back the hike, they will go on an indefinite strike.Disappointed with the hike in GST, the Chamber of Trade and Industry (CTI) and other associations of cloth traders called for the closure of textile and garment markets on Thursday.The Delhi Mercantile Association said: “From January 1, 2022, the GST on textiles will be 12 per cent. The Union government increased the GST from five to 12 per cent. Everybody knows that traders have not been faring well during the past two years due to the corona pandemic.”On Wednesday, various traders’ organisations led by the CTI, staged a protest at Connaught Place.
Source link
