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Rs 700 Crore Set Aside For States

Our Economy Bureau  |  BUSINESS STANDARD 

Value-Added Tax

The Centre has set aside Rs 700 crore to compensate states for any revenue loss during their transition to a value-added tax (VAT) regime from April 1.

Government officials said the sum was a

First Published: Mon, March 03 2003. 00:00 IST
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