Home / Knowledge / News / Textiles / AP textile traders call for two-day bandh over VAT
AP textile traders call for two-day bandh over VAT
15
Nov '11
The Andhra Pradesh Federation of Textile Associations (APFTA) has given a call for a two-day shutdown of more than 100,000 shops across the State on November 15 and 16.

The call for bandh has been given to protest against the State government's reluctance to withdraw the five percent value-added tax (VAT) imposed on textiles.

APFTA General Secretary Soma Dayananda said the imposition of five percent VAT is adversely affecting the traders in the State as merchants from the neighbouring States of Tamil Nadu, Karnataka and Chhattisgarh are flocking to other States for procuring textiles, in order to avoid paying VAT.

He informed that no State except Andhra Pradesh has implemented levying of VAT on textile business. He added that the representatives of APFTA have met Chief Minister N Kiran Kumar Reddy a couple of times on the matter, but they have not received any positive response from his side.

Convener of twin cities VAT joint action committee, A Prakash, said they have decided to submit memoranda to Ministers, MPs and MLAs on the matter and also hold rallies. He added that a regional meeting would be held in Warangal on Tuesday to decide on the future course of agitation if VAT is continued.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Eric Scholler
Groz-Beckert

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sonam & Paras Modi
SVA

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

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

news category


Related Categories:
March 2017

March 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