
Powerloom federation urges GST reduction amid U.S. tariff impact
Image used for representation | Photo Credit: Special Arrangement The Federation of Tamil Nadu Powerloom Associations has urged the Union government to reduce the Goods and Services Tax (GST) on manmade fibre (MMF) from 12% to 5%, citing the adverse impact of the 50% tariff imposed by the United States on the powerloom industry. In…