• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Kochi , Dec. 7

KERALA Chamber of Commerce and Industry has expressed serious concern over the demand of heavy security amount by the Sales Tax officers for granting registration under the VAT Act.

Mr C.P. Jain, President of the Chamber said that this has created unnecessary loss of time and money of the business community and would cause severe hardships for them.

While on the one hand, the officials from the ST department inspect the shops and business establishments and compel the businessmen to register under VAT Act, on the other hand the same officials delay the registration process by demanding exorbitant security amount, he said.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

More Stories on : Taxation

Stories in this Section
Why support to R&D is crucial

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line