Exporter's in distress with centre's proposal

Last updated: 05 February 2008

EXPORTERS IN DISTRESS WITH CENTRE’S PROPOSALThe Centre proposes to request the state governments to increase the Value Added Tax(VAT) rate from 4% to 5%. This proposal has made a section of exporters a bit nervy who missed out on VAT refunds from several state governments. The Centre, however, plan

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