The Industrial and Commercial Workers' Union (ICU) has appealed to the government to enforce the textile tax stamp and registration laws on textile designs to help prevent activities of piracy by foreigners in the textile industry.
Consequently, the ICU called upon the government to extend and maintain the Zero Value Added Tax (VAT) Exemption for the textile industry in the country to help sustain operations of textile companies in the country.
It would be recalled that the Ministry of Trade and Industry during the launch of its Textile Tax Stamp policy in 2022 indicated that dealers in textiles would from November 1, 2022, have to affix stamps to their products to certify the legitimacy of the textiles produced in, imported into, and retailed in the country.
Mr Ayawine (middle) with executives of ICU Tema Regional Conference Speaking at the ICU's regional conference in Tema yesterday, the General Secretary of the Union, Mr Morgan Ayawine, said that the call on the government by the ICU was as the result of challenges that textile companies in the country were facing.
