Tax Exemption Debate: Silk, Khadi, and Linen Yarns Seek Fair Treatment Like Cotton Hank Yarn in Handloom Sector. https://www.taxtmi.com/highlights?id=51676 Benefits of exemption - The Hank Yarn of others types of Yarns like Silk for Handloom Kancheepuram and Banarasi Silk Sarees, Khadi Slik, Linen fabric are also used by Handloom Industry. Therefore, we do not appreciate why exemption should be restricted only to Cotton Hank Yarn, as contended by Revenue. Entry 44 never meant a harm to be caused to other type of yarns sold in Hank form, by denying exemption to them. en-us Mon, 10 Feb 2020 08:51:13 +0530 Mon, 10 Feb 2020 08:51:13 +0530 TaxTMI RSS Generator Tax Exemption Debate: Silk, Khadi, and Linen Yarns Seek Fair Treatment Like Cotton Hank Yarn in Handloom Sector. https://www.taxtmi.com/highlights?id=51676 Benefits of exemption - The Hank Yarn of others types of Yarns like Silk for Handloom Kancheepuram and Banarasi Silk Sarees, Khadi Slik, Linen fabric are also used by Handloom Industry. Therefore, we do not appreciate why exemption should be restricted only to Cotton Hank Yarn, as contended by Revenue. Entry 44 never meant a harm to be caused to other type of yarns sold in Hank form, by denying exemption to them. Highlights VAT and Sales Tax Mon, 10 Feb 2020 08:51:13 +0530 https://www.taxtmi.com/highlights?id=51676