The Hindu : Other States / Uttaranchal News : Plea to keep away small units from VAT provisions

Online edition of India's National Newspaper
Friday, Dec 17, 2004

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Other States - Uttaranchal

Plea to keep away small units from VAT provisions

By Our Staff Correspondent

DEHRA DUN, DEC. 16. The Uttaranchal Udyog Vyapar Mandal has urged the State Government to keep manufacturing units with an annual turnover up to Rs 10 lakhs and trading houses with an annual business of up to Rs 40 lakh outside the purview of the Value Added Tax ( VAT) system that becomes effective from the next financial year.

VAT provisions require highly technical maintenance of records that will be expensive and beyond the capacity of the small trader. The Government should also try not to impose new taxes on items like sugar, cloth and tobacco, Mandal has urged.

The Vyapar Mandal has also sought the rationalising of the power tariff. The present fixed power charge is very high and the entrepreneurs should be charged as per the power consumed by them.

Vyapar Mandal leaders, Kulbhusan Bhatia and Surendra Prabhakar wanted the Government to scrap red tapism and evolve simple strategies of revenue collection and quality control. `The businessmen want to sell good quality goods at reasonable prices and that could be possible only when all were provided a level playing field devoid of inspectors', they said.

A number of entrepreneurs wanted the Government to cut down establishment costs by abolishing the presence of more than one corporation or department to decide on vital issues like land, power, water and mining.

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