Confed forms Service Tax Task Force

Chennai: Confed-ITA has formed a special committee called 'Service Tax Task Force' to fight the service tax issues that partners across the country are currently facing. S Karthikeyan, former President, Confed and present Advisor to the association would be heading the new committee and would spearhead any activity with regards to the issue. “The committee will take care of the service tax issues that partners are currently facing by taking up the issue with the concerned people and finding a solution,” Karthikeyan informed.

He said that the committee was open to all channel partners across the country who are affected by the service tax issue and who fear that they might be a victim of it. Nearly 20 members have already joined the committee within a short span of one week.

On the other hand, while the the deadline given to vendors to get back to Confed with clarity on the partners backend payments being service taxed came to an end, Confed has sent reminders to all vendors that they need to get back to the association with a solution. He also mentioned that any further actions like re-imposing the ban on trade would depend on how the vendors come forward and bail the channels out from the problem.

The committee has also taken legal views from a couple of leading counsels, if at all they plan to take the legal route to fight their case against the service tax department.