• CALL US : +91-422-4225333
  • WAPP : +91-9952412329

The Southern India Mills’ Association

Committed to Foster the Growth of the Textile Industry

Micro units seek GST exemption

The Coimbatore Tirupur District Micro and Cottage Entrepreneurs’ Association has sought complete exemption from Goods and Services Tax (GST) for job working units with less than Rs. 20 lakh annual turnover.
This was one of the resolutions passed at a meeting of the association held here.
Job working units hit
In the last one year, the job working micro units have lost over 30 % orders because of the GST.
The Central Government should reduce the rate from the present 18 % to 5 % for these units, the association said.