We have powerful media for communication, such
as newspapers, television, radio etc. to pass on any information
to the general public. However, regrettably the importance of
providing timely information to the public is not realised by
the relevant authorities
For when there are changes in customs levies or
statutory taxes, proper and timely information should be given
to the public for the following purposes:
(1) For due compliance.
(2) To make representations if there are any
adverse effects.
(3) To change prices, invoices etc.
(4) To avoid penalty, red notices etc. for
non-compliance, which result in embarrassment.
Our literacy rate is high and we must admit that
people gather first hand information from the newspapers.
Therefore, it is the duty of the relevant authority to provide
such information to the public
I am surprised to hear that the Provincial
Councils will be increasing their turnover tax rate from 1% to
5% for some items effective 1.4.2005. Provincial council rates
are not announced at the Budget proposals annually. Therefore,
it is very important that any change in the rates should be
conveyed to the public through the media.
In fact a gazette notification has been issued
on 15.12.2004 pertaining to the increase from 1% to 5%. They
have fulfilled the statutory obligation only. However, you will
admit that only a very small percentage of the pubic will get
the opportunity of reading the gazette. On the other hand if it
was a press notification then more people would have the
opportunity to see it.
The following steps should have been taken by
the Provincial Councils in this regard-.
(1) Proper publicity in the newspapers stating
the relevant gazette notification.
(2) Brief announcements on Radio and TV.
(3) Issue of circulars to the Trade Chambers
with request to advise their members.
(4) Issue of circulars to the tax payers when
forwarding the Annual Returns.
The intention of this article is not to
criticise the relevant authorities, but only seek their
assistance and to ensure a better understanding is maintained
with the public at large for due compliance of statutory
requirements.
S. R. Balachandran,
Council Member
The National Chamber of Commerce of Sri Lanka