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SISPA demand reduction in VAT rate presently levied on cotton

Related Keywords: cotton production not sufficient, cotton yarn, high logistic cost, increase production cost, J Jayalalithaa, man made yarn, meet needs of mills, on cotton, reduce VAT to two percent, SISPA, source from other states, South India Spinners Association, urged TN chief minister

The South India Spinners Association (SISPA)stating that the cotton production in the state is not sufficient to meet the needs of mills are force to source it from other states have urged the Tamil Nadu Chief Minister J Jayalalithaa to reduce VAT on cotton, cotton yarn and man-made yarn from the present five percent to two percent.

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