Home / Knowledge / News / Textiles / AP textile traders continue to protest VAT
AP textile traders continue to protest VAT
08
Sep '11
Textile traders in the twin cities of Hyderabad and Secunderabad shut their shops for the second day today to protest against the imposition of Value Added Tax (VAT) by the State government.

Unlike the earlier bandhs in the State, the two-day shutdown by thousands of textile shops this time is being supported by the Opposition parties.

Andhra Pradesh Federation of Textile Associations has been protesting against the levying of 4 percent VAT on textiles, fabrics, garments and curtains since it was imposed in July 2011.

The Federation, representing more than 300 textile associations in the State, also organized a huge public meeting in the City on Wednesday.

The State government had earlier made some relaxations in VAT under pressure from textile and garment traders. It has exempted VAT for traders with a taxable annual turnover below Rs. 500,000.

It has also given VAT exemption on inter-State sales of textiles. In addition, the Department of Commercial Taxes has exempted made-ups, zari and embroidery items, and textiles made by handloom houses.

However, the traders are not satisfied with these exemptions and are demanding complete rollback of VAT.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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
January 2017

January 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