India Andhra Pradesh Textile Traders Suspend Business To Protest VAT
Andhra Pradesh textile operator
It plans to suspend business in July 11th to protest that the state levying 4% of value-added tax on textiles.
Andra Pradesh Textile Association
The Federation made the decision after the state government announced a government order, namely, levying textiles from July 11th.
B Malleshwar Reddy, the vice president of the State Textile Association and the convener of the VAT conference, said that the government did not consider the interests of textile traders before issuing the order.
He explained that before the announcement of the government's order, the state government had listened to the views of the textile traders, but did not wait for the association to reach an agreement on this issue and announced the order.
In Orissa, only 10 days after the textile traders staged a protest, the government reduced the value added tax.
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