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Showing posts with label Andhra pradesh VAT tax. Show all posts
Showing posts with label Andhra pradesh VAT tax. Show all posts

Protest against 4% Textile vat in AP

Written By Views maker on September 07, 2011 | 9/07/2011

“Andhra Pradesh is the only state in the country that issued a government order (GO) on July 11 to impose VAT on textiles. This will adversely impact the traders once the VAT is implemented,” said Prakash Ammanabolu, twin cities joint action committee convenor, Apfta.

“The government has already imposed VAT on three products — 4 per cent each on yarns, colour and ready-made materials. This extra 4 per cent on textiles will eventually affect the customers as the products will become costlier,” he added.

According to him, the imposition of 4 per cent VAT on textiles and related items by the state could divert 20-30 per cent of the business to neighbouring states.

There are around 50,000 textile traders in the state. The protest, he said, would be carried out across the state in a phased manner. The association on Wednesday also held a traders’ meet here.

He said the agitation would continue till the government withdraws the VAT. It would conduct regional meetings — Telangana regional meet across 5-10 districts next week followed by Rayalaseema regional meet — if the government fails to respond.

The association also plans to conduct a ‘Chalo Assembly’ during the next Assembly session.

9/07/2011 | 1 comments

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.

8/25/2011 | 0 comments

NO VAT on interstate Textile sales from Andhra Pradesh

Written By Views maker on July 26, 2011 | 7/26/2011

Andhra Pradesh government has clarified that,

  1. NO VAT on interstate Textile sales from Andhra Pradesh
  2. Textile dealers with an annual turnover below 5 lakh have been exempted from the tax D
  3. Dealers with an annual turnover below `40 lakh will be levied tax at the rate of only 1 percent.
  4. There will be no tax on fabrics, textiles, zari and embroidery articles.
7/26/2011 | 1 comments

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