Monday, 28 March 2016

Gold traders and excise tax


Mr. Jaitely has correctly deionized the problem. The problem is not paying 1% tax, but with it comes gang of excise soldiers to bit the culprits. There are so many requirements. I doubt if even an excise inspector can count them and put on paper. These needs become tools to harass culprits. This is true in every area. Some needs are superficial and some are confusing. This is the bone of content. Other point is un-even tax law application to different people. Some are punished for small error and some are free all the time. This makes the situation worse.

Mr. Jaitely should make procedure that is transparent and un-ambiguous. At the same time personal communication & meeting between inspector and trader must be barred. Everything should be thro' e mail. And there should be strong supervision from higher up.

In this country every business person or trader afraid not of paying tax but confusing laws and non-transparent procedures. Making procedures transparent and communication thro' e mails should address all the problems.

No comments:

Post a Comment