SGCCI Pushes Gujarat to Waive Stamp Duty on ECLGS 5.0 Loans for Stressed Textile MSMEs

Southern Gujarat Chamber of Commerce and Industry has petitioned the state to waive or sharply cut stamp duty on mortgage deeds tied to ECLGS 5.0 loans, citing financial stress across Surat's textile and apparel small businesses seeking working capital relief.

— Filed Fri, 12 Jun, 2026, 14:21 IST · Source Apparel Resources India · Updated

Southern Gujarat Chamber of Commerce and Industry has asked the Gujarat government to waive or sharply reduce stamp duty on mortgage deeds for MSME loans under ECLGS 5.0, seeking relief for textile and apparel small businesses facing financial stress.