Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: form 3cd :: articles on VAT and GST in India :: VAT RATES :: TDS :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: VAT Audit :: cpt :: ACCOUNTING STANDARD
 
 
VAT (Value Added Tax) »
  Filing of reconciliation return in form 9 for the year 2016-17
 Govt may send notice to 162 companies; ask for VAT returns
 Cenvat Credit Is Not Income Liable To Be Taxed
 Cos wanting to claim VAT refund on employees' foreign stay can get professional help
 Regarding disposal of pending form DVAT 04 & 07 Form Applications
 Disposal of pending Form DVAT 04 & Form DVAT 07 applications: regarding
 Cenvat Credit Rules, 2017 III Part
 VAT phased out in TS
 Cenvat Credit Rules, 2017 II Part
 Cenvat Credit Rules, 2017 – Part I
 How much do you know about VAT as a taxpayer?

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