Latest Expert Exchange Queries
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 | Transfer Pricing
 
 
 
 
Popular Search: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: empanelment :: cpt :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: TDS :: form 3cd :: list of goods taxed at 4%
 
 
VAT (Value Added Tax) »
 GST regime: VAT Commissioner and CBEC to work with businesses
 Amendments in the Second Schedule appended to the Act (Delhi Value Added Tax Act, 2004)
 Guidelines relating to downloading of Statutory Forms-Modification thereof
  Grant of Registration under DVAT & CST
 VAT on petroleum products to continue, to be decided by GST Council
 Government rolls out settlement scheme to clear VAT, CST dues
 Maharashtra government offers VAT benefit to realty buyers
 Govt should focus on income tax instead of VAT
 Amendments in the second Schedule received from Finance Deptt.
 VAT exemption stays in tax reform bill
 Income Tax Appellate Tribunal Bangalore Banches Bangalore 'A' Bench DB Case Causelist for The Week from 22-05-2017 To 25-05-2017

Scrap VAT on textiles: KCR to government
March, 13th 2013

TRS president K Chandrasekhara Rao has demanded the state government to roll back the Value Added Tax (VAT) on textiles failing which the party will take the government to task on the floor of the House.

Addressing the textile traders at Indira Park here on Tuesday, Rao said that the state government is imposing VAT on textiles which is not there anywhere in the country. He warned the state government that it would have to face severe consequences if it failed to withdraw VAT on textiles forthwith.

He said VAT would be abolished if Telangana state was formed. He said industries were being shut down due to prolonged power cuts severely affecting the livelihood of industrial workers. He said the Congress government in the state was solely responsible for all the ills due to its gross inefficiency and lack of foresightedness. Students were put to untold hardships during examination time, he said.

The chief minister and PCC chief Botcha Satyanarayana were adopting anti-people policies which are harming the interest of the people, the TRS chief alleged. Earlier in the day, the textile traders under the banner of Andhra Pradesh Federation of Textile Association (APFTA) took out a rally from MG Road to Indira Park to protest against state government’s move to bring textiles under sensitive commodities and refusal to withdraw VAT on textiles.

Over 5,000 traders from twin cities and other parts of the state took out the rally.

Speaking on the occasion, APFTA president Ammanabolu Prakash said nowhere in the country VAT is being collected on textiles.

Nearly one crore people are dependent on this industry for their livelihood, directly or indirectly and warned that the textile traders will migrate to neighbouring states. The implementation of VAT is affecting both consumers and traders as both have to shell out extra money to buy and sell the textiles, he added.

He said they would intensify the agitation till the VAT is scrapped. In Jan 2012, the traders observed textile bandh for over a week and later called off the strike following an assurance from the government. But it failed to keep up its word, he said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Integrated Software Solutions Integrated Software Development Integrated Software Services Integrated Software Solutions India Integrated Softw

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions