<h1>ASSOCHAM Urges Indian Government to Cut Excise and Service Tax Rates, Simplify Procedures for Economic Growth in 2013-14.</h1> In the context of economic challenges, ASSOCHAM's pre-budget memorandum for 2013-14 emphasizes the need for the Indian government to address indirect tax issues to boost GDP growth and competitiveness. Key recommendations include reducing excise duty and service tax rates from 12% back to 8%, rationalizing the tax structure to align with GST principles, and simplifying tax procedures to reduce compliance burdens. The memorandum also calls for protective measures against unfair international competition through customs duty adjustments and highlights the need for a review of the reverse charge mechanism in service tax. Specific industry concerns, such as those in the textile, petroleum, and security sectors, are also addressed, with suggestions for tax exemptions and duty rationalizations to support domestic industries.