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: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: cpt :: empanelment :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: due date for vat payment :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: VAT RATES
 
 
VAT (Value Added Tax) »
 15% rise in collectionof VAT for Oct-Nov
 China to simplify tax scheme after switch to VAT
 Cabinet clears key proposals on VAT, regularisation of jobs
 Cases of VAT overcharging flood consumer forum
 State seeks relief from Centre
 Flat rate VAT changes for small businesses explained
 Cenvat Credit Of Additional Duties Of Customs [Cvd] On Imported Coal
 Excise Dept puts VAT refund on fast track
 Consumer fora receive 18 VAT plaints
 Appointment of Assistant VATO - F.3(14)/Fin(Rev-I)2012-13/DSVI/334
 Bio-diesel body seeks VAT relaxation

Textile bandh to oppose VAT imposition today
July, 10th 2012

The Assam Textile Merchants' Association (ATMA) has called a day-long textile trade bandh in the state on Tuesday against the government's decision to impose five per cent value added tax (VAT) on textiles.

"Commoners will be the worst sufferers of the government's decision to impose 5 per cent VAT on textiles. Though Uttarakhand, Madhya Pradesh, Rajasthan, Andhra Pradesh, Odisha, Nagaland, Goa and Delhi had imposed VAT on textiles in the past, they decided to withdraw their decision after the move badly affected textile business. Various organizations across the state have supported us and we urge the Assam government to revoke its decision", Subhkaran Maloo, the president of ATMA, told the media here on Monday.

Maloo added that due to imposition of 5 per cent VAT on textiles, the business of merchants, who used to export textile products to other northeastern states, has been badly hit. "Guwahati is the hub of textile business in the northeast. Traders of Meghalaya, Manipur, Nagaland, Arunachal Pradesh and Tripura are refusing to buy textile goods from Assam after the imposition of five per cent VAT on textiles with affect from June 28", he added.

Various trade organizations in the city and other towns of the state have supported the textile trade bandh called by ATMA and will stage a dharna against the state government's move at Dispur Last Gate on Tuesday.

The All Guwahati Traders' Association has appealed to textile merchants to keep their establishments open in the flood-affected areas of the state in view of the requirements of the people in those areas.
 

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Achievements

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