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Govt. to review amendments to VAT Act
June, 16th 2010

Delhi Government will carry out a review of certain newly introduced provisions in the existing VAT mechanism which were made to facilitate online filing of tax returns and declare volume of trade.

Finance Minister A K Walia said the review will be initiated as various traders' bodies have requested the government to reconsider some amendments made in the Delhi Value Added Tax Act facilitating online filing of tax returns.

And details of trade volume and simplify the procedure.

The Finance Minister said the government would like to reconsider those particular amendments to the Act which are creating obstacles in proper enforcement of the VAT Act.

He added that the city government has always been in favour of simplification of procedures and transparency in tax collection.

 
 
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