Micro units in Coimbatore to organise campaign demanding support from government

The Federation of Coimbatore Industrial Associations representing 24 concern associations successful Coimbatore plans to organise a run adjacent period demanding alleviation measures from the Central and State goverments for the micro and cottage industries.

J. James, S. Surulivel, and A. Sivashanmugakumar, co-ordinators of the Federation, said successful a property merchandise that the prices of alloy and copper has accrued 40 % successful the caller months, creating uncertainties for the micro and small-scale enterprises. The Central authorities should represent a terms monitoring committee and should region the import work connected copper till the home prices stabilise.

The section bodies are asking the micro and cottage enterprises to get moving licence by paying immense amounts and person accrued the nonrecreational tax. This is simply a load for the micro industries and the Tamil Nadu authorities should exempt the micro and cottage industries from these taxes.

Further, portion the micro units are deed by the hike successful energy fixed charges, the Tamil Nadu Power Distribution Corporation has brought them nether powerfulness origin by installing astute meters. Units with little than 20 KW powerfulness transportation are besides forced to support powerfulness origin now.

The Commercial Taxes Department is asking the industries to taxable their VAT relationship details from 2006-07 and is threatening to cod punishment with interest, they said.