Indian delegation study VAT implementation in UK
The Committee includes the Chief Minister of Assam, Tarun Gogoi and the Finance Minister of Delhi.india Updated: Jun 03, 2006 17:24 IST
A high-level Indian committee studying implementation of Value Added Tax system in the UK has met with chiefs of the Revenue and Customs Department in London.
The Committee members on Friday had an insight into the entire operation of the system and it was a 'good meeting,' Sushil Kumar Modi, Deputy Chief Minister of Bihar, and a member of the 12-member committee, said.
The Committee includes the Chief Minister of Assam, Tarun Gogoi and the Finance Minister of Delhi.
The Committee members, who arrived in London on Thursday, left for Toronto on Saturday afternoon. After three days in Toronto, the Committee will visit Rome before returning to India.
Modi, who visited Manchester on Friday, met a number of doctors from Bihar who are planning a conference of UK doctors from Bihar in Bolton on July 15.
Value Added Tax is levied on most business transactions and on many goods and some services in the UK. The system is now in place in most Indian States.