Home / Knowledge / News / UP abolishes Mandi Parishad tax on raw leather
UP abolishes Mandi Parishad tax on raw leather
31
May '11
The Uttar Pradesh (UP) leather industry is in a state of euphoria.

The UP government has abolished the Mandi Parishad tax on raw leather, upon receiving representations from the leather industry in the state.

“This is expected to increase the competitiveness of the leather sector in the state and provide a level playing field against manufacturers from Punjab, Tamil Nadu and other places”, Mr Rafeeque Ahmed, Chairman - Council for Leather Exports, told Fibre2fashion.

The UP government, in order to provide a boost to the leather sector, had suspended the tax for a period of five years.

However after the expiry of the five-year period on March 31, the government revoked the tax and even demanded arrears for the previous five years.

“The representatives from the leather industry and the Council itself represented in front of the Minister concerned and the Chief Minister also”, said Mr Ahmed.

“Because of the tax, the cost of Mandi fee would have gone up tremendously, if it is valued percentage wise. So now a lot of people are relieved in UP because most of the employment is done only through mandis”, he added by saying.

The leather industry in the state provides direct and indirect job opportunities to around one million people.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search