The TNVAT (5%) imposed on the textile products with effect from 12.07.2011 has been withdrawn by the Government of Tamilnadu with retrospective effect. This was announced by the Chief Minister of Tamilnadu after the Cabinet meeting decided to withdraw this tax.
The relevant Notification is reproduced below :-
[gview file=”http://bssridhar.com/blog/wp-content/uploads/2011/07/GO-90_210711.pdf”]
Sir,
What about Cotton Yarn