India Central Bond Textile Company Will Have To Pay 5% Of The Tax.
India
center
Raghavji, the state finance minister, said the textile manufacturer of central state would have to temporarily pay five percent of the tax because the government had issued a notice.
The minister's wholesale to the state.
Spin
When the industry representatives spoke, they assured him that he would discuss the matter with the governor Shivraj Singh Chauhan and asked him to cancel the 5% tax.
Traders asked the government to give textiles tax exemption measures, because the state's annual budget has already made such a guarantee.
Traders said they did not receive anything from consumers.
additional
Therefore, they are unable to pay taxes to the government.
The Ministry of finance has issued a notice to levy 5% tax on textiles.
Previously, textiles had been imposing a 1% entry tax, and businessmen now have to pay 6% of the tax.
The central government is a friendly merchant state. After consulting with the chairman, it may withdraw 5% of the tax.
But at the same time, businessmen will have to pay taxes first.
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