Model Statute for Value Added Sales Tax
Publication dateJan, 1998
DetailsReport submitted to the Ministry of Finance.
AuthorsMahesh C. Purohit and R. J. Manay
The model law is aimed at providing the States with a statutory framework for introducing a system of VAT. It would help states in having harmony in the structure and procedures of the proposed VAT in the country. It is observed that in the absence of any model before the states, varied systems causing diversity in the structures and procedures have cropped up.