Home / Knowledge / News / Textiles / MP textile traders will have to pay 5% tax - Minister
MP textile traders will have to pay 5% tax - Minister
Aug '11
Textile traders in Madhya Pradesh will have to temporarily pay a tax of five percent as the notification to the effect has already been issued, State Finance Minister Raghavji has said.

The Minister was speaking to representatives of wholesale textile traders from the State. He, however, assured them that he would take up the matter with Chief Minister Shivraj Singh Chauhan and request him to withdraw the tax.

The traders are demanding that the government make textiles tax-free as per the assurance given in the State's annual budget. The traders say that they are not levying any additional cost from their customers and hence they will not be able to pay taxes to the government.

The notification of five percent tax on textiles has been issued by the State finance ministry. There is already a one percent entry tax levied on textiles and the traders now need to pay a total of six percent tax.

Madhya Pradesh has traditionally been a trader-friendly State and the five percent tax may be rolled back after discussion with the Chief Minister. But, meanwhile the traders will have to pay the tax.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Textiles | On 27th Oct 2016

Fischer Konzept installs sixth Zünd digital cutter

Fischer Konzept, German developers of individual packaging solutions...

Interviews View All

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Judy Frater
Somaiya Kala Vidya

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

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search