https://www.taxtmi.com/news?id=15114 A High Level Committee will engage with trade and industry to identify tax law ambiguities and recommend clarifications to the tax boards; it will be chaired part time with two part time members, supported by two senior Nodal Officers recommended by the Boards and approved by the Revenue Secretary, may consult external experts and government officers, and its recommendations must be acted upon by issuance of circulars or instructions within a specified administrative response period. The Committee will set its own procedures, receive per day sitting fees subject to a monthly cap, serve an initial term subject to extension, and submit half yearly reports to the Finance Minister. en-us Fri, 23 Oct 2015 16:59:16 +0530 Fri, 23 Oct 2015 16:59:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15114 A High Level Committee will engage with trade and industry to identify tax law ambiguities and recommend clarifications to the tax boards; it will be chaired part time with two part time members, supported by two senior Nodal Officers recommended by the Boards and approved by the Revenue Secretary, may consult external experts and government officers, and its recommendations must be acted upon by issuance of circulars or instructions within a specified administrative response period. The Committee will set its own procedures, receive per day sitting fees subject to a monthly cap, serve an initial term subject to extension, and submit half yearly reports to the Finance Minister. News - Fri, 23 Oct 2015 16:59:16 +0530 https://www.taxtmi.com/news?id=15114