Textile body meets Finance Minister Yanamala Ramakrishnudu over VAT notices

Vijayawada: The Andhra Pradesh Textile Federation representatives from across the state thanked the AP Finance Minister, Yanamala Ramakrishnudu for assuring them that there would be no notices from the tax department to pay VAT.

The federation president, Busireddy Malleswara Reddy on Wednesday said that the representatives from Visakhapatnam, East Godavari, Chittoor, Kurnool, Krishna and Guntur met the minister and commissioner at his office and informed that they were served notices to pay VAT, when the VAT for Textiles products was cancelled.

He said that they informed the minister that the Telangana government had totally cancelled VAT on textile products with the letter dated July 10, 2018 Memo Number 16460/CT-II(i)/2018-6.

The Textile Federation representatives requested the minister in look into the matter and issue orders to the commissioner not to send notices henceforth to the textiles businessmen. 

The minister assured the same to the textile federation representatives, said Malleswara Reddy.