Interviews
MP rolls back VAT on textiles
27 Sep '11
1 min read
The Madhya Pradesh government has rolled back the 5 percent value added tax (VAT) on textiles.
VAT was imposed on textiles in the State after the Central Government exempted it from the excise tax.
Textile traders in the State called off their scheduled strike after the announcement of the government's decision was made.
While welcoming the decision, the traders have asked the government to issue written orders to the officials of commercial tax and other departments notifying them regarding the same.
VAT was imposed on textiles in the State after the Central Government exempted it from the excise tax.
Textile traders in the State called off their scheduled strike after the announcement of the government's decision was made.
While welcoming the decision, the traders have asked the government to issue written orders to the officials of commercial tax and other departments notifying them regarding the same.
Fibre2fashion News Desk - India
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
