THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Saturday, July 14, 2001

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Macro Economy

Economy
EU, others to move WTO over US legislation
THE European Union on Thursday announced its decision to implore the establishment of a WTO panel against the US over the Byrd Amendment, a widely-criticised US legislation providing for the proceeds from anti-dumping cases to be paid to the US companies responsible for bringing the cases in the first place.

Taxation


`Centre holds the key in VAT system'
WITH States agreeing to move into the value-added tax system from April 2002, the Centre should take a pro-active role in coming up with an ideal tax model and guiding the States towards VAT.


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