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Sunday, October 07, 2001

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Call to make switchover to VAT a success

By Our Special Correspondent

THIRUVANANTHAPURAM, OCT. 6. The Finance Minister, Mr. K. Sankaranarayanan, has called for the cooperation of different sections of society to make the proposed switchover to Value Added Tax from April 1, 2002, a success.

Inaugurating a seminar on `Value Added Tax', organised by the Commercial Taxes Department and the Centre for Taxation Studies, here today, Mr. Sankaranarayanan said cooperation of traders, industrialists, chartered accountants and tax practitioners is necessary to make the switchover smooth and effective. Mr. M. Anirudhan, Joint Commissioner, Commercial Taxes, welcomed the gathering and V. Somasundaran, Commissioner, Commercial Taxes, delivered the keynote address.

Mr. Robin Adair, international expert in VAT, presented the theme paper at the seminar which was attended by officials and representatives of various organisations of traders and industrialists.

This is the first in a series of seminar-cum- awareness programmes proposed to be held in different parts of the State to create awareness among the general public about the switchover to VAT.

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