KVIC URGES
GOVERNMENT TO EXEMPT ITS PRODUCTS FROM VAT
The Khadi and Village
Industries Commission (KVIC), under the Ministry of Agro and Rural
Industries, has requested the Chief Ministers of all States/Union
Territories for exempting Khadi and Village Industries (KVI) products
from State Taxes/VAT. Further, KVIC is pursuing with the Empowered
Committee of State Finance Ministers (Monitoring Tax Reforms including
VAT) and the Ministry of Finance to exempt all KVI products from
Value Added Tax (VAT). There is a broad agreement on this amongst
States. Final response to the request for exempting KVI products
from VAT is awaited from the Empowered Committee of State Finance
Ministers and the Ministry of Finance.
This information
was given by the Minister of State for Agro and Rural Industries
Shri Sangh Priya Gautam in written reply to a question in Lok
Sabha today.
