Home / Knowledge / News / Textiles / ATMA urges withdrawal of hike in entry tax on textiles
ATMA urges withdrawal of hike in entry tax on textiles
15
Oct '09
From September 14, 2009, entry tax on textiles and all the allied products in Assam has been increased to 4 percent, which was 1 percent, earlier. The Assam Textile Merchants' Association (ATMA) has urged the state Government to remove this hike in entry tax.

Cloth and textiles in all the adjacent states of the north eastern region and West Bengal are free from entry tax. So, if the entry tax on Assamese textiles is not removed, the textile business of the state will experience negative effects and will shift to the states free from entry tax, said the PRO, ATMA, Mr. Nirmal Samsukha, in a press conference.

Any kind of hike in the entry tax will prove to be detrimental for the lakhs of people directly or indirectly dependent on textile business which might worsen state's unemployment situation, added Mr. Samsukha.

This tax hike on fabrics will impact local people also, who are already bearing the damaging effects of inflation, as their expenses on basic needs will go up due to price hike in all kinds of fabrics and clothing.

A memorandum requesting the withdrawal of this tax has been submitted to the Chief Minister and the Commissioner of Taxes by a team of ATMA. Another delegation of the Association had also met the government authorities earlier, with the same request, when one percent tax was imposed on textiles.

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

Milind Khandwe
Hindoostan Innovation Centre

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

Claudia Kersten
Global Organic Textile Standard

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

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Kevin Nelson
TissueGen

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eamonn Tighe
Nature Works LLC

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

Rupa Sood and Sharan Apparao
Nayaab

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

Sonam & Paras Modi
SVA

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

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
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