Zippers association of India requests GST council to bring down the tax to 12% from 18%


Zippers association of India has requested the Chairman of GST Council to lower the tax slab on zippers to 12% from the existing rate of 18% and Include Zipper as a part of Textile Industry.The demand have been made in the light of problems being faced by the already sick sector due to the implementation of GST and its impact on the business of zippers and apparel export industries.

“It is essential to look upon the demands because, already a sick industry, Zipper manufacturing provides employment to about 1 lakh workers mainly women. The existing tax rate of 18% is too high and unjust in comparison to that on textile items which is 5% or 12%. Many units are closing down, till now almost 27 have closed down since GST came into force”, said Amit Tandon, President of Zippers Association of India

The government policy towards Zipper industry has been lacking consistency both in terms of technicality and regulations. Time and again, it has seen many flip flops. The reason for this inconsistency has been the lack of appreciation of its uses and permanency in regulations.

Almost 80% of all zippers are used in textile industries and more than 95% of the inputs used as raw materials in their manufacture are textile items, taxed at 12%.

Zippers association of India is the umbrella organization of zipper manufacturers throughout the country. It seeks to build a platform where the manufacturers can share their concerns and be heard as a single body.

Zippers are an integral part of textile and apparel industry. They are used in the manufacture of readymade garment, woolen products, hosiery products, jackets, gloves, windcheaters and covers of pillows, mattresses, quilts and blankets etc. They are mostly made from textile materials like polyester or monofilament yarn, thread, tape etc.


0 #4 Roseann 2018-03-07 02:19
I was curious if you ever considered changing the structure of
your site? Its very well written; I love what youve got to say.

But maybe you could a little more in the way of content so people
could connect with it better. Youve got an awful lot of text for
only having one or two pictures. Maybe you could space it out better?
0 #3 2018-03-06 22:24
I'm amazed, I must say. Rarely do I come across a blog that's both educative and amusing, and let me tell you, you have hit the nail on the head.
The issue is an issue that not enough men and women are speaking intelligently about.
I am very happy I found this in my search for something relating to
0 #2 2018-03-05 18:19
Thanks for the auspicious writeup. It in truth was once a leisure account it.

Look complicated to far added agreeable from you!
By the way, how could we keep up a correspondence?
0 #1 FirstIvan 2018-01-03 12:47
I see you don't monetize your site, don't waste your traffic, you can earn extra bucks every
month because you've got hi quality content. If you want to know
how to make extra $$$, search for: Boorfe's tips best adsense alternative

Add comment

Security code