In a letter addressed to Mr S.N.M. Ubayadulla, Minister for Commercial Taxes, the association president Mr S.P. Jeyaprakasam, referring to the amendment in G.O. Ms. No. 23 dated March 2, said the amendment made in VAT (Value Added Tax) Monthly Return Form Annexures I & II has instructed dealers who are dealing in exempted goods and those dealing in taxable goods receiving Input tax credit, to provide details of purchase invoice and sales invoice including retail purchase and sales in Form-I, while submitting the return to the authorities.

He said that the stipulation put the small dealers, who deal only in exempted goods, to undue hardship unnecessarily and sought suitable changes in the amendment in such a way that the stipulation would be applicable only for traders dealing in taxable commodities receiving Input tax credit.

Source : The Hindu BusinessLine , India, dated 11/05/2010