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Traders seek streamlining of VAT

NEW DELHI: The Confederation of All India Traders submitted a memorandum to the Chairman of the State Finance Ministers’ Empowered Committee, Asim Dasgupta, on Tuesday urging him to streamline the VAT system.

CAIT secretary-general Praveen Khandelwal said consultations with trade and industry on the matter of goods and services tax prior to its finalisation were mandatory.

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