Vat changes criticised | delhi | Hindustan Times
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Vat changes criticised

delhi Updated: May 17, 2010 23:58 IST
Hindustan Times
All India Tax Advocate’s Forum

The All India Tax Advocate’s Forum (AITAF) has criticised the Delhi Government for the recent amendment of sections 9 and 10 of Delhi Value Added Tax Act 2004.

According to AITAF president M K Gandhi, the amendments will force traders to buy raw and manufactured items from neighbouring states, resulting in a loss of about Rs 1,000 crore to the exchequer.