Ministry of Finance has constituted a Forum Chaired by Dr. Parthasarathi Shome, Adviser to the Finance Minister for Exchange of views between Industry Groups and Government on Tax Related Issues or Tax Related Disputes.
RAI is preparing a representation to be submitted to the forum addressing several tax related issues which the retailers are facing. We received positive response from interactions and believe that there is high possibility of retailers getting relief in the issues which will be presented. The forum has allocated September 25 for exchange of views on retail sector in which a high level retail industry delegation will present issues to Dr. Shome. Please find the press release by Ministry of Finance for the forum here.