Textile traders to visit Delhi on under billing, import

... -

February 10, 2024 Sore over the continuous import of Chinese cloth at under-billing, the textile traders and manufacturers here have decided to go to Delhi tomorrow to hand-over the keys of their units to the Central Government. The affected industrialists said that despite sending several representations to the Centre in the last few months, nothing has been done to save the textile sector.

The industrialists gathered here today under the banner of ‘Swadeshi Vyopar Association’ and decided to stand united on this matter. The industrialists held a meeting today and said that many of the textile units were already shut, and if the government failed to curb the practice of under-billing cloth from China, the textile industry would be ruined. The industrialists alleged that a handful of officers were hand in glove with the ‘black sheep’ in the profession due to which the entire industry was suffering. The industrialists will meet the Textiles Minister tomorrow.

The industry, putting allegations on the government said though the government was in losses to the tune of several crores of rupees in taxes, still it has failed to curb the practice.

Talking to The Tribune, Tarun Jain Bawa, chairman Bahadurke Textile and Knitwear Association and Federation of Textile and Manufacturing Association of Ludhiana, said that filament polyester cloth, the import duty for which was 25 pe rcent, was coming in bulks from China.

“Actually, polyester was coming while the import duty was being paid for cotton fabric at the rate of just 5 per cent by showing that cotton fabric was coming. There was direct tax evasion of 20 per cent. Now how is this possible without the connivance of Customs officials? We have written to the Government of India many times but to no use,” said Bawa.

Another textile manufacturer from Ludhiana said that there was under billing of fabric, like polyester was Rs 320 per kg while it was shown that fabric was for Rs 80 per kg (price for cotton cloth in papers). “Not even a yarn is available for Rs 80 per kg, and some black sheep were getting cloth for Rs 80 per kg,” said the manufacturer adding that on average about 500 such containers came to India. Each container had 22,000 kilograms of cloth. “We cannot survive when bulks of under billed polyester are reaching India and authorities are not taking action,” added Bawa.

Share to ....: 207    

Most viewed

Short Message Board

Weather Forecast India

Visiter's Status

Visiter No. 32099557

Never underestimate the power of human stupidity.

Cotton Group