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CMAI welcomes roll back of VAT proposal in Delhi, Rajasthan
31
Mar '10
The Clothing Manufacturers Association of India has welcomed the Decision of the State Governments of Delhi & Rajasthan to Review and Roll back their Proposals of 12.50% VAT on Readymade Garments where the MRP is Rs.5,000/- and above in Delhi and 14% VAT on Branded Readymade Garments in Rajasthan in their Respective Budget Proposals that were passed by the State Assembly yesterday. The Association had made Representations to both the State Governments to reconsider their Proposals as they would have serious implications to the Growth of the Domestic Apparel Industry in the Country.

"We are very pleased with the Decision of both the State Governments who have considered our Request to Review their Proposals, and sincerely thank the Chief Ministers, Finance Ministers, and the concerned Officers who immediately realized the negative implications of the earlier proposal” said an elated Mr. Rahul Mehta, President, The Clothing Manufacturers Association of India.

"CMAI has once again played a Stellar Role in the service of the Domestic Garment Manufacturers” said Mr. Mehta, and added that this was yet another example of how issues can be resolved if put up in the right spirit and in a coordinated manner along with the regional Associations.

A Delegation headed by Mr. Rajesh Masand, Vice President, CMAI, met Mr. B. N. Sharma, Commissioner of Commercial Taxes in Jaipur on the 26th March 2010, to persuade the Rajasthan State Government to Review their Proposal, and also had detailed discussions with senior Officers of the Rajasthan Government, including Mr. C.K.Mathew, Principal Secretary, Finance during their interactions with the Government.

Clothing Manufacturers Association of India


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