• Linkdin

Telangana govt will not impose VAT on textile traders

21 Mar '15
1 min read

The Telangana government will not impose value added tax (VAT) on textile traders, commercial taxes minister Talasani Srinivas Yadav has said.
 
Yadav was speaking on the occasion of Secunderabad Cloth Merchants’ Association general secretary Chira Srikanth and 500 others joining TRS party, last week, according to regional media reports.
 
The minister said there is no point in taxing small traders, and added that he had even opposed VAT imposition by the previous government on textile traders.
 
Subsequently, during a meeting with a delegation of the Telangana State Federation of Textile Associations (TSFTA) this week, Yadav said the proposal to levy VAT on sarees and textile products has been dropped by the state government.
 

Fibre2fashion News Desk - India

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search