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Punjab - No VAT on embroidered cloth, says Chief Minister

The garment sellers today felt relieved after Chief Minister Parkash Singh Badal announced that no VAT will be charged on embroidered cloth.



 

A deputation of more than 100 persons had gone to meet the CM, who holds the portfolio of the Excise and Taxation Department. The delegation had gone with Local Bodies Minister Manoranjan Kalia and Anil Joshi, BJP MLA from Tarantaran.

The information was given to the deputation in the presence of Excise and Taxation Commissioner A. Venuprasad, said Bhupinder Gupta, president of North India Retail Merchant Association. Gupta was part of the delegation.

A number of garment sellers from all over the state had received notices from the Excise Department regarding payment of VAT on embroidered cloth. Trucks were also held by the department at the entry points. The garment owners had made a plea that nowhere in India has VAT been imposed on unstitched cloth, whether it is embroidered or not.

“VAT is imposed only on readymade garments, and we are already paying that,” said Sanjay Arora, owner of the famous Kalamandir Store at Mall Road, who also had received a notice from the department.

Gupta said, “The CM had readily agreed to our demand. He conveyed to us that if VAT is not being charged anywhere else in the country on these items, the same pattern will be followed in Punjab too.”

The delegation has thanked the CM for this gesture. They hope that the notices sent to them will stand cancelled now.

Source : Ludhiana Newsline - Ludhiana, India, dated 22/04/2008

 

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