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Plea to constitute VAT panel
November, 24th 2006

The Tamilnadu Chamber of Commerce and Industry has appealed to the State Chief Minister to constitute a high-level advisory committee on Value Added Tax (VAT).

In a statement here, the Chamber President, Mr S. Rethinavelu, pointed out that while welcoming the announcement of the implementation of VAT from January 1, the Chamber has emphasised the need for immediate constitution of the committee. It would include representatives from trade bodies under the Chairmanship of the Chief Minister for sorting out issues and procedural bottlenecks.

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