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7/18/2005

Maharashtra FM Patil Assures Of VAT Reforms

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Maharashtra Finance Minister Jayant Patil today assured traders that the Government will make suitable changes in Value Added Tax (VAT) to remove difficulties faced by the traders.

Addressing a State-level convention of traders here today, Mr Patil said divisional committees will interact with traders to know their difficulties and, accordingly, changes would be effected.

The process in this regard would begin after the end of ongoing Assembly session, he said.

Mr Patil reiterated that VAT was introduced by the State Government in the best interest of both the consumers and the traders. Once implemented fully, it will certainly offer the benefits, he said.

More: indlawnews.com







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