Related Keywords: Codissia Trade Fair Complex, Codissia Trade Fair complex, cut in VAT rate, Farm to Finish Fair, SIMA, Southern India Mills’ Association, TexFair 2015, textile machinery, TN state government
The Southern India Mills’ Association (SIMA) has appealed to the State Government to bring down the VAT rate from 5 percent to 2 percent, as they are gearing up to conduct TexFair 2015 and the second edition of SIMA Farm to Finish between January 9 and 12 at the Codissia Trade Fair Complex here.
SIMA Chairman T Rajkumar said that the association had met the State Finance Minister and Secretary in this regard and they were ensured that their request would be considered on a trial basis initially before regularising it.