FDI IN RETAIL: Delhi CM to constitute committee of traders and VAT Officials

Kapil Sibal offered to hold talks with traders on FDI in retail

New Delhi, October 24, 2012: In a meeting held with trade leaders of Confederation of All India Traders (CAIT) held at her residence today while accepting the suggestion of CAIT, the Delhi Chief Minister Shiela Dikshit announced to constitute a joint Committee of VAT Commissioner and other officials and representative of trade which will deliberate upon various problems of the traders on VAT and will also discuss ways and means to ensure smooth flow of trade in Delhi and increase in revenue of the Government.

Union Minister Kapil Sibbal was especially present at the meeting.

Trade leaders of more than 100 trade associations of different parts of Delhi attended the meeting.

CAIT National Secretary General Praveen Khandelwal explained in detail the problems of the traders.

On the occasion, he also presented CAIT publications on FDI in Retail to both Dikshit and Sibal.

Responding to FDI in Retail, Sibbal said that before divulging the views to public by way of books, the traders should have apprised the government about their perception and views and also understand the take of the government. However, he offered to hold talks with traders on the issue of FDI in retail.

CAIT Secretary General Khandelwal apprised that CAIT has made all efforts to hold discussion with government including Union Commerce Minister but so far the government has not made any efforts to hold talks with stakeholders including the traders.

However, Khandelwal accepted the invitation of Sibal to hold conclusive talks on FDI in retail.

Delhi Chief Minister Shiela Dikshit while addressing the traders lauded the contribution of trading community in development of Delhi. She said that traders are the major source of revenue of the government and therefore the traders should not face any undue harassment. While accepting the demand of the traders she declares to extend the last date of filing online information about goods imported from other States before its entry to Delhi from 25th October, 2012  to 31st December,2012.She also assured the traders that their other problems pertaining to VAT about extension of C form date and levy of form 32 and 33 will be sort out shortly.