Technology
Software for Value Added Tax to be developed by NIC in Karnataka (India)
Software for Value Added Tax to be developed by NIC in Karnataka (India)
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By Elets News Network 06-November-2006
The Department of Commercial Taxes in Karnataka (India) has asked the National Informatics Centre (NIC) to develop a software to process Value Added Tax (VAT).
Participating in an interactive session with traders, organised as part of the 22nd annual general body meeting of Karnataka Hardware and Allied Merchants' Association on November 5, 2006, the Commissioner of Commercial Taxes, Government of Karnataka, B.A. Harish Gowda said the State government of Karnataka intends to introduce the VAT along with a software to process it. But it could not, because the software developed by a foreign agency during its execution did not fulfil the needs of the department. NIC has already come up with many options to make VAT process easier.
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