CBEC Chairman appeals for better compliance
Mr. PC Jha , the Chairman of the CBEC addressing the Gujarat Chamber of Commerce & Industry in Ahmedabad appealed to the trade and industry for better compliance and pay Customs Excise and Service Tax honestly.
Mr. Jha said that the Revenue from indirect taxes - Customs, Central Excise and Service Tax has constantly increased over the years. In 2007-08, the total revenue of indirect taxes was more than Rs.2 lac Crores and it is estimated that this will further increase to Rs. 3.25 lac Crores in the current year.