Whois & Analysis for biztone.in

Coimbatore (Tamil: கோயம்புத்தூர்), also known as Kovai, is a major city in the Indian state of Tamil Nadu.

It is located on the banks of the Noyyal River and surrounded by the Western Ghats.

Coimbatore is the second largest city (by population) in the state (after Chennai) and the 16th largest urban agglomeration in India.

It is administered by the Coimbatore Municipal Corporation and is the administrative capital of Coimbatore district.

It is one of the fastest growing tier-II cities in India and a major industrial hub in South India.

It is often referred to as the "Manchester of South India" due to its cotton production and textile industries.

Coimbatore is also referred to as the "Pump City" and it supplies nearly half of India's requirements of motors and pumps.

The city is one of the largest exporters of jewellery, wet grinders, poultry and auto components; the "Coimbatore Wet Grinder" and the "Kovai Cora Cotton" are recognised as Geographical Indications by the Government of India.

Coimbatore is also an hub for education.

A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally, based on the increase in value of a product or service at each stage of production or distribution.

VAT essentially compensates for the shared services and infrastructure provided in a certain locality by a state and funded by its taxpayers that were used in the elaboration of that product or service.

Not all localities require VAT to be charged and goods and services for export may be exempted (duty free).

VAT is usually implemented as a destination-based tax, where the tax rate is based on the location of the consumer and applied to the sales price.

Confusingly, the terms VAT, GST, consumption tax and sales tax are sometimes used interchangeably.

VAT raises about a fifth of total tax revenues both worldwide and among the members of the Organisation for Economic Co.operation and Development (OECD).

As of 2018, 166 of the world's approximately 193 countries employ a VAT, including all OECD members except the United States, which uses a sales tax system instead.

A tax (from the Latin ) is a mandatory financial charge or some other type of levy imposed upon a taxpayer (an individual or other legal entity) by a governmental organization in order to fund various public expenditures.

A failure to pay, along with evasion of or resistance to taxation, is punishable by law.

Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent.

A trademark, trade mark, or trade-mark is a recognizable sign, design, or expression which identifies products or services of a particular source from those of others, although trademarks used to identify services are usually called service marks.

The trademark owner can be an individual, business organization, or any legal entity.

A trademark may be located on a package, a label, a voucher, or on the product itself.

For the sake of corporate identity, trademarks are often displayed on company buildings.

A corporation is a company or group of people or an organisation authorized to act as a single entity (legally a person) and recognized as such in law.

Early incorporated entities were established by charter (i.e. by an ad hoc act granted by a monarch or passed by a parliament or legislature).

Most jurisdictions now allow the creation of new corporations through registration.

Corporations enjoy limited liability for their investors, which can lead to losses being externalized from investors to the government or general public.