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Not to collect 4% vat

Written By Views maker on August 25, 2011 | 8/25/2011

As per the New Indian express news, The Andhra Pradesh Federation of Textile Associations has decided not to collect or pay 4 per cent of value added tax on cloth as a protest against imposition of VAT on one of the bare essentials. The association feel that the levy is not appropriate since it would increase the cost of essential needs. The government is expected to act on this protest by the textile association.