More than 100 power loom weavers in Tamil Nadu, mainly in Erode and nearby areas, have demanded payment of GST refunds for the tax paid for nearly 13 months in 2017-2018.
B. Kandavel, organising secretary of Federation of Tamil Nadu Powerlooms Associations, told The Hindu recently that in Erode, 120 weavers should get ₹160 crores refund and they had all the required documents.
He explained that when GST was introduced in July 1, 2017, manmade fibre (MMF) and MMF yarn attracted 18 % duty and MMF fabric was levied 5 % duty. In November of that year, the duty on yarn was reduced to 12 %.
