Indian leather industry protests at sales tax hike
The Indian leather industry was last week said to be `shocked and disappointed’ at the hike in sales tax on dressed hides and skins from two to four percent.
Speaking to the national press, the President of the All India Skin and Hide Tanners and Merchants Association President M Rafeeque Ahme said his members were in the midst of a crisis. Not only were they facing fierce competition from other Asian producers such as Korea and China, they had also been hit by the burgeoning boycott of Indian leather, instigated by animal rights organisations.