TIOL-DDT 2526 · Wednesday, 28 January 2015 · story 1 of 7

Have to maintain certain level of civility with assessee - FM at CBEC Function

CBEC yesterday organised the Investiture Ceremony for the Presidential Awards of 2014 (not the 2015 awards announced last week) and the International Customs Day. Both the Finance Minister Arun Jaitley and MoS Jayant Sinha attended the function which was also attended by Revenue Secretary Shaktikanta Dass, CBEC Chairman Kaushal Shrivastav, CBEC Members SB Singh and Joy Kumari Chander. 40 officers who were granted the Appreciation Certificate for - 'Specially distinguished record of service' for 2014 were presented the certificates by the Finance Minister.

Ms R. Bhagya Devi, Commissioner who is at present the ADG Systems at Chennai receiving the certificate from the FM.

The FM said at the meeting:-

1. there is huge curiosity and interest in India especially among domestic and foreign investors.

2. ordinarily everything is going in our favour including growth prospects.

3. we have to address two major concerns i.e. quick decision making & stability in policy matters and reforms in tax structure and administration.

4. there is need for change both in attitude and mindset towards investors and assessees.

5. we need to have a non-adversarial tax administration which is both investors' and assesses' friendly.

6. those who are liable to pay tax must pay their dues and tax evaders must be taken to task.

7. maintain certain level of civility with assesses and investors which must be cogent and logical.

8. our reserves are good and Current Account Deficit (CAD) position is much better; our currency was among the two global currencies which withstood the might of dollar in recent times.

The FM hoped that the awardees would be role model for other officers to emulate their performance in future.