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
Latest Expert Exchange
« VAT (Value Added Tax) »
 Haryana government uploads photos of VAT defaulters
 Filing of online return for 4th quarter of 2017-18 extension of period thereof.
 No Cenvat credit admissible on outward transportation services from factory to buyer’s premises
  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

Textile traders continue stir
June, 09th 2011

All Orissa Textile Merchants Association (AOTMA) and Orissa Garments' Association (OGA) continued their stir for the second day today protesting the imposition of Value Added Tax (VAT) on textile products in the state.

The association members also downed the shutters of their shops at different places in the state and held rally in capital Bhubaneswar where they submitted a memorandum to the Chief Minister demanding withdrawal of four percent tax on textile products.

The protest will be intensified further if the state government doesn't withdraw VAT on the textile products, said Rabindra Nath Mohapatra, President, AOTMA.

Meanwhile, state finance secretary, JK Mohapatra said, the VAT on textile in not a new tax as it was already there. He said, his department is studying the VAT rate on textile items in different states and will soon submit its suggestion to the government on the matter.

The traders feared that due to imposition of four percent VAT and two percent entry tax, the cost of the textile products in the state will be dearer in the state making the consumers to turn to neighbouring states where these products will be cheaper as no other state including West Bengal, Jharkhand, Andhra Pradesh and Chhatishgarh have imposed VAT on textile items.

Mohapatra said the governments of Rajasthan and Jharkhand, which imposed VAT on textile earlier, have already withdrawn it after the merchants of the respective states protested.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - We Bring IT. Offshore software outsourcing company. We use Global Delivery Model (GDM) and believe in Follow The Sun principle

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