DMAI/CIR/15/2014-2015 27th September 2014
TO ALL MEMBERS OF THE ASSOCIATION
Re: Presentation of Pre-Budget Memorandum for the year 2015-2016
As in the past, DMAI proposes to submit a comprehensive memorandum containing its proposal for the Union Budget for the year 2015-2016 to all the concerned Ministries and Departments. As these Ministries take up the budget preparation exercise well in advance for presentation to the Parliament, we would like to send our memorandum within a short time. We, therefore, request our members to send their comments/views, including suggestions for improvement on any of the points broadly listed below:
i) Simplification and Rationalisation of Laws and Procedures as well as Changes in the Direct/Indirect Tax Laws related to Income Tax, Central Excise, Customs, Export Incentives (Duty Drawback & DEPB), Service tax, Tariff and Classification etc., including provision relating to tax exemption.
ii) New Direct Taxes Code (DTC) Bill & GST draft published.
iii) Any other relevant matter concerning, in particular, the Dyes and Dyes Intermediates Industry
Since we intend to prepare the final draft of our memorandum during the 3rd week of October 2014 for submission to the Govt. Departments, we request you to send your comments/views immediately so as to reach the same to us on or before 18th October 2014, without necessitating a further reminder in this regard. Your suggestions should be brief, self-explanatory with proper justification and illustrations, wherever possible.
For The Dyestuffs Manufacturers Association of India