The finance ministry has constituted a forum for exchange of views between the government and industry groups on tax-related issues or disputes.
The forum would be chaired by Parthasarathi Shome, adviser to Finance Minister P Chidambaram. It would meet every Wednesday at 3 p.m.
The first meeting would be held Aug 7.
Chambers of commerce, industry associations and industry groups have been asked to first submit a memorandum to Shome and then seek an appointment. An appointment will be fixed for them on a suitable Wednesday.
They will be given a hearing by Shome and officers of the Tax Policy and Legislation (TPL) wing of the Central Board of Direct Taxes (CBDT) and the Tax Research Unit (TRU) of the Central Board of Excise and Customs (CBEC).
The forum will give the government the platform to explain its stand on tax related matters as the industry has been demanding that there must be a forum where their views can be heard.
Source:-www.smetimes.in
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