sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« News Headlines »
 5 things you should not forget while filing income tax return
 10 Easy Steps to File ITR 1 Online
 How to e-verify income tax return?
 What to do when you receive a notice from the tax department
 How to use your Form 16
 Which ITR form applies to you for financial year 2017-18?
 Income tax returns filing form-2 released; should you use it? Find out
  Are you planning to file ITR 1 form? here's how to do it Income Tax Return (ITR) filing
 30 LPA-Opening Financial Controller
 ITR form 2 in java release by CBDT for return filing by individuals
 How to file your income tax return using ITR Form-1 Income Tax efiling for AY 2018-19

VAT: State builders object to collection methods
February, 18th 2008
The construction industry in Andhra Pradesh is mired in a deep crisis caused on the one hand by spiralling input costs and on the other by the policies of the State Government, especially in collection of Value Added Tax, according to Mr P.R. Mundle, President of the Builders Association of India (BAI), and Mr S.N. Reddy, Chairman of BAI, Andhra Pradesh centre.

The two were speaking to the press here on Sunday, after a meeting of the association organised by the local centre to discuss the problems faced by the industry.

Suffering in silence

They complained that builders were being treated as tax evaders and criminals in the State and not as partners in progress.

The Commercial Taxes department is making all sorts of demands on us and even when we move the courts there is little relief.

In many cases, after protracted legal battles at the first appellate level, the eligible refunds are withheld, arbitrarily invoking the revision proceedings provision. The smaller players are suffering in silence, they complained.

Award builders

They appealed to the State Government to change its attitude and to treat them fairly. They said the National Treasurer of BAI, Mr D.L. Desai, had led a delegation to the Principal Secretary of the Andhra Pradesh Government and presented their problems.

We hope corrective action will follow and there will be some relief to the harassed builders in the State, they said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Custom Software Development Outsourcing Custom Software Development Offshore Cus

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions