• search

EEPC wants export promotion activities out of FBT

Written by: Staff

Kolkata, Feb 22 (UNI) Engineering Export Promotion Council (EEPC) today called for keeping export promotion activities out of the Fringe Benefit Tax (FBT) net in the Union Budget for 2006-07.

EEPC Chairman Rakesh Shah told reporters that the foreign tour and travels, telephone expenses, entertainment and hospitality, sales promotion and publicity and hotels, boarding and lodging were essential for maintaining exports.

EEPC also demanded that no taxes should be exported to other countries.

Mr Shah said service tax on commission paid to foreign agents by exporters should not be taxed.


For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more