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With the maximum VAT rate being 14.5 per cent, it sought for
fixing the maximum tax rate under GST at 12 per cent. It also called for
retaining the State Government's autonomy to revise tax rate of essential
commodities.
A delegation led by association President S.P. Jeyapragasam met the Union
Minister of State for Finance S.S. Palanimanickam at New Delhi on Friday and
submitted a pre-Budget memorandum pressing various demands. Members of the Tamil
Nadu Rail Passengers Rights Tribune also submitted a letter urging him to press
for making Royapuram as third major railway terminal of Chennai.
The demands include a request to the Central Government to increase the Excise
Duty exemption limits for biscuits from the present Rs. 100 per kilogram to Rs.
150 per kilogram to help small and medium enterprises.
Source:
The Hindu, India, dated
05/12/2011 |