Coimbatore handloom industry reels under GST

Oct 17, 2019

Coimbatore (Tamil Nadu), Oct 17 (ANI): The handloom industry is reeling after Central Government imposed five percent Goods and Services Tax (GST) on handloom products. The industry is affected as manufacturers claim that they are unable to manage cost. Many people have left the industry. A handloom weaver said, “Currently in Tamil Nadu we are around 50 lakh weavers in Devanga community. Current issue in that this handloom textile industry is affected after GST implementation.”