![]() Financial Daily from THE HINDU group of publications Thursday, Aug 14, 2003 |
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Industry & Economy
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SSI Tax clinics to assist SSIs on legal issues K.R.Srivats
New Delhi , Aug. 13 COME September 1, every excise division in a Commissionerate would need to have a functioning `tax clinic' for the small-scale sector. The Central Board of Excise and Customs (CBEC) has issued a directive to "break the communication wall, if any, between the small manufacturers and tax administrators". Recognising that small-scale manufacturers require guidance in the compliance of legal provisions, the CBEC has, in a trade - friendly move, specified that the tax clinic should closely coordinate with the small-scale manufacturers' associations. Finance Ministry officials said that each Central Excise Commissionerate would need to immediately establish one tax clinic for the small-scale sector in each division under the charge of Deputy Assistant Commissioner to guide small-scale manufacturers. The tax clinics should start functioning latest by September 1, they said. Even though excise authorities claim the latest move of the CBEC as an assessee-facilitation measure, industry circles see this directive as an effort in getting closer to the small-scale manufacturers at a time when the Centre's excise collections have been on the decline. Excise collections of the Centre in the first quarter of the current fiscal recorded a sharp 16.6 per cent decline to Rs 13,237 crore from a level of Rs 15,871 crore in the same period last year.
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