The Telangana government will not impose Value Added Tax (VAT) on textile traders, state’s commercial taxes minister Talasani Srinivas Yadav has said.
The minister said there is no point in taxing small traders, and added that he had even opposed VAT imposition by the previous government on textile traders.
During a meeting with a delegation of the Telangana State Federation of Textile Associations (TSFTA) this week, Yadav said the proposal to levy VAT on sarees and textile products has been dropped by the state government.