Financial Daily from THE HINDU group of publications
Monday, Mar 04, 2002
Financial Daily from THE HINDU group of publications Monday, Mar 04, 2002 |
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Opinion
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Letters Grey areas in service tax
The Budget decision to expand the service tax net is a major step towards including a large part of society in the tax regime. But it has many grey areas that could lead to unnecessary litigation and confusion. Does the broad term `fashion designers' also include tailors and small-time designers operating from home? Will dry-cleaning services also mean the local washer-man? And do beauty parlours also include small-time barbers in the unorganised sector? The Excise Department does not have an implementation force that can oversee the wide-scale compliance expected from this decision. Hence, it may have been better if the States were allowed to collect the Service Tax. Sushil Mehra Bangalore
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