sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza
 
 
Popular Search: VAT RATES :: ACCOUNTING STANDARDS :: VAT Audit :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: due date for vat payment :: form 3cd :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: articles on VAT and GST in India :: TDS
 
 
« VAT (Value Added Tax) »
 Petrol price hike: Traders' body demands cut in VAT
 Maharashtra Govt extends VAT exemption on raisin
 Cut VAT on CNG: Striking autorickshaw drivers to govt
 Staff shortage may dent Tamil Nadu's tax kitty: Comptroller and Auditor General
 Volkswagen puts on hold Rs 2,000 cr investment due to VAT refund issue
 Punjab VAT collection up 13.5% in 2011-12
 ASSOCHAM wants MP to abolish 4pc VAT levied on traders,pvt cos
 Pranab wants austerity: What other countries are doing
 Rajouri Garden's marble market in West Delhi blames higher VAT, poor infrastructure for downslide
 Patients pay 5% extra for lifesaving drugs
 Stamp duty, VAT bills introduced

TDP to take up textile VAT issue in Assembly
February, 01st 2012

The President of the Telugu Desam Party and the Leader of Opposition in the Andhra Pradesh Assembly, Mr N. Chandrababu Naidu, will raise the issue of imposition of VAT on textiles in the forthcoming Assembly session.

The issue has prompted textile traders to go on a a nine-day state-wide bandh.

Addressing the protesting the textile traders at Dharna Chowk at Indira Park here on Tuesday, Mr Naidu termed the VAT increase decision as unjustified, which would place additional burden on the common man.

He said the move will make textile trading sector unviable, which would be capitalised by traders from the neighbouring States.

He reiterated the support of his party to the striking textile traders.

The Textile Traders Association said Andhra Pradesh was the only State to levy 5 per cent VAT on textiles, leading to flow of business to the neighbouring States. About 40 per cent of all trade happens on wedding purchases. Instead of buying here, customers are travelling to neighbouring States, the traders said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2012 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Achievements

Victorian Jewelry | Estate Jewelry | Handmade Jewelry | Rose Cut Diamond | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Fashion India | Fashion Garments | Fashion Shows | Fashion Designers | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions