TIOL-DDT 1169 · Wednesday, 5 August 2009 · story 3 of 3

CBEC Chairman Sridhar to address our Seminar at Hyderabad

Mr. V. Sridhar, the new Chairman of CBEC is to address our Seminar at Hyderabad on 7 th August 2009. Last year in April, he addressed our Seminar a few days after taking over as Member CBEC and we are proud that he is again at our Seminar within a few days after taking over as Chairman of the CBEC.

In the last year's seminar he mentioned,

Seminars of this kind I have always believed, are very useful; number one, some of the feelings you can get off your chest as you say that would give you a feel good factor, particularly if you are upset with the tax proposals. That is on the lighter side. We always value the suggestions from the trade. We do commit mistakes as I have said… I have done five budgets, and we handled so many things in a compressed time frame of one and half to two months, there are issues of time and secrecy, you can't consult too many people. We do err and I don't hesitate to admit, to err is human and we have committed mistakes. And when the mistakes are pointed out by the forum of Taxindiaonline or from you, we are only grateful to you for bringing the mistakes to our notice so that remedial steps can be taken and the heartening feature is that quite often we do get feed back from trade or excise law times or taxindiaonline , even pointed out anomalies which should be set right to increase our revenue. It is not always a plea for more concession, or more reduction of duties, but we have failed to take care of some thing or failed to address an issue they were brought to our notice and we have taken quick remedial action. So in that sense suggestions are always welcome and we are grateful to you for whatever suggestions you have.

I hope we don't have that kind of impossible trinity of the trade, Taxindiaonline and department. We make a possible trinity .

We are grateful that he has agreed to be with us this year too and in his elevated role as Chairman of the CBEC. Be with us in Hyderabad on Friday.