News
Please tax us, say tractor makers
- Date:
- May 18, 2017
- Source:
- Indian Express
One does not know of too many industries today desperately seeking to be taxed. Tractor makers are among those, probably a handful, lobbying hard to get the excise duty exemption now on their product removed — more so, with the scheduled rollout of a nationwide Goods and Services Tax (GST) from July 1. The reason for their apparently strange demand is simple: Not being chargeable to excise on outp…