Thanked

The Coimbatore SIDCO Industrial Estate Manufacturers’ Welfare Association has thanked the Chief Minister for reducing the Value Added Tax (VAT) on generator sets and extension of VAT concession for furnace oil.

According to a release from the association, this will help the micro and tiny industries purchase generators and bring down the cost of power generation through diesel generator sets. These announcements will benefit the industries and improve industrial production, said R. Nagarajan, president of the association.

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