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From the President's Desk
From the numerous discussions I have had with Government Officials, it is very clear that the intention behind this Budget’s Imposition of Excise was not Revenue, but to get the Industry prepared for the GST Regime. The rate of Excise levied was a clear indicator of this, yet, we tried to persuade the Government to hold back and not make the Industry go through the hassles of Excise Registration, etc., just for a period of one year. However, it appears that their mind is made up. The Government’s rigid stance in the case of .... Read More