On November 16 1999 the Conference of the Chief Ministers and Finance Ministers resolved to have uniform floor rates of sales tax. The Conference also decided to stop giving sales tax related incentives to the new industrial units in all the States. 
While these resolutions have been implemented, the economic analysis along with organisation and operational aspects of sales tax in India has received scanty attention for a tax, which yields more than 60 percent of the States own revenue. 
This book aims at fulfilling this gap. In this context it presents up to date analysis of the developments of sales, its fiscal importance, and the assessment of the existing structure as well as operations in each of the States. 
The coverage includes an in-depth analysis of the existing structure of sales taxes including rates, base, and exemptions in different States. It also presents analysis of the tax on inter state trade and recommends destination based CST for a unified Indian market. Due emphasis is given to organization for tax administration as well as MIS for sales tax/VAT administration. 
Since the Empowered Committee of States Finance Ministers is striving to introduce State-VAT by April 2003, the book presents the reforms in the structure and improvements in administration by the States preparing for the introduction of VAT. It also presents the schedule of activities required for such an introduction and suggests a design for a State-VAT








 Rs. 450/- 

US $ 45

Pages xxi + 231

Hard Bound

2001 Edition

Introduction: Nature and Forms of Sales Taxes in India , Efforts at Introducing of VAT. Fiscal Role of Sales Tax , Buoyancy and Relative tax effort of Sales Tax. Structure of Sales Tax, Rate Structure and Taxation of inputs, Surcharge and additional sales tax 
Reforming Sales Tax Structure and Introducing VAT, Assessment of the Existing System, Reforms in Sales Tax Structure and introduction of VAT, Taxation of Interstate Trade: Approach Towards Unified Market: Assessment of the Existing System of CST, International Experience and Policy Imperatives. Organization for Sales Tax and VAT 
Administration: Reforms in administrative organization Operations of Sales Tax in India: Weaknesses of the Existing System of Operations of Sales Tax, Reforms in Sales tax 
Operations. Management Information System : Computerization in different countries, MIS in Indian States, Proposed MIS for sales tax/VAT administration. State VAT in India: CenVAT , Efforts at introducing State-VAT, Reforms in Governance for State VAT , Schedule of Activities for Introduction of State-VAT, References, Index.

Dr Mahesh C. Purohit
is a Professor at the National Institute of Public Finance & Policy, New Delhi. He is also Member-Secretary of the Empowered Committee of States Finance Ministers to Monitor Sales Tax Reforms and Introduction of VAT. He has worked as Secretary to the Committee of States' Finance Ministers as also of the Committee of States' Chief Ministers for introduction of Value Added Tax in the Indian States. He has also been actively involved in the preparation of the Model VAT Law for the States.