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Our Bureau

Mangalore , Dec. 31

THE Kanara Chamber of Commerce and Industry (KCCI) has opposed the decision of the Centre to levy service tax on road transport of goods.

In a letter to the Union Finance Minister, Mr P. Chidambaram, copies of which were released to the press here on Friday, KCCI said that service tax on goods transport would cause `irreparable damage' to economy.

Referring to the December 3 notification on the introduction of service tax on road transport of goods, the KCCI President, Mr A. Srinivasa Rao, said in the letter, "It appears from the explanation given in the notification that consignor and consignee of goods are also brought within the purview of service tax rules."

The experimental attempt to introduce this tax in 1997 had evoked widespread protest, leading to its withdrawal.

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