Related Keywords: abolish VAT, around three hundred small and big manufacturer, during State Budget, Gujarat governement, imposed VAT on narrow fabrics, manufactured mainly in Surat and Ahmedabad, representation made by industry association, SGTPA, used in apparel industries
The Gujarat government had imposed 5% VAT on narrow fabrics during the State Budget in February-2015 which is manufactured mainly in two big centres, Surat man-made fabric (MMF) hub and Ahmedabad. In Surat alone, there are aound 300 small and bigh manufacturers of narrow fabrics. Following representation made by the industry association on Monday, the Gujarat government likely to abolish the 5% value-added tax (VAT) on narrow fabrics manufactured in Gujarat.
