TIOL-DDT 105 · Monday, 2 May 2005 · story 2 of 5

It’s no more Indian Reporting Service

The Finance Minister Mr. Chidambaram announced that from May 1 2005 the number of reports in Customs, Central Excise & Service Tax are reduced from 133 to just 7. The forms are also being revised to make them amenable to electronic filing and processing. Today is May 2nd and the departmental offices across the country have no clue as to what the FM is talking about. Nobody seems to know as to what forms have been done away and what new forms have been prescribed.