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TS opts out from imposing VAT on textiles

Related Keywords: drop proposal to impose VAT, levy to lead to harassment of traders, on sarees and textile products, Telangana state government, textile traders, TSFTA

The Telangana state government has decided to drop the proposal to impose Value Added Tax (VAT) on sarees and textile products, subsequent to its appeal, said the Telangana State Federation of Textile Associations (TSFTA) on Thursday.

Commercial Taxes Minister Talasani Srinivas Yadav gave this assurance when a delegation from the Federation explained to him the problems that such a levy would result in, including harassment of traders, said TSFTA president Ammanabolu Prakash.

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