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“The
GO calls for 4 per cent value-added tax on such items. The
State does not get much revenue on this count. The commercial
taxes officials and vigilance sleuths have raided textile
shops in Eluru, Secunderabad and some other towns and seized
records,” Mr Ammanabolu Vijay Kumar, President of Andhra
Pradesh Federation of Chamber of Commerce and Trade, said.
In
a memorandum submitted to Dr Y.S. Rajasekhara Reddy, Chief
Minister, on Friday, he (Mr Kumar) called for withdrawal of
the order to save the traders from harassment and
inconvenience.
He
also wanted the Government to rescind the GO No. 517 that
required the traders to submit quarterly returns. “This
involves a lot of paper work. Also, it is very difficult to
keep track of the buyers. It a cumbersome process to ask for
their identification (whether they VAT dealers or not),” he
said.
“If
we insist on their identification numbers, they would go to a
dealer who doesn’t ask for such details. In this process, we
lose our business,” he said.
Besides,
the traders would be forced to recruit additional staff to
take care of the paper work, resulting in the increase of cost
of operations.
Mr
Vijay Kumar also pointed out that the Commercial Taxes
Department was not supplying enough way bills. “As a result
of this, traders are being forced to go from pillar to post to
obtain the bills, leading to waste of time and effort,” he
said.
Citing
the examples of Maharashtra, Karnataka and Tamil Nadu, he
called for the abolition of the way-bill system.
Source
: The HinduBusinessLine, India, dated 15/06/2008
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