CM to take final call on VAT on Textiles
The Cabinet Sub-Committee has decided to refer the decision on withdrawing Value Added Tax (VAT) on textiles to Chief Minister N Kiran Kumar Reddy.
The Cabinet Sub-Committee comprising Ministers Anam Ramnarayan Reddy, TG Venkatesh and Prasad Kumar on Sunday had a detailed discussion on the issue in a meeting held at the State Secretariat with the senior officials and representatives of textiles traders. The demands of textiles traders, concerned GOs and the practice in other States were discussed during the meeting that lasted for over one hour.