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BRICS countries’ Heads of Revenue Meeting hails GST Reforms being introduced in India

Updated: Jul 28, 2017 08:03:10am
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BRICS countries’ Heads of Revenue Meeting hails GST Reforms being introduced in India

New Delhi, July 28 (KNN) BRICS countries have hailed India's GST reform in a meeting of Revenue Heads in China recently. 

In the meeting of the BRICS Heads of Revenue and Tax Experts held at Hangzhou, China from the 25th to 27th of July, 2017, India's GST reforms were appreciated and hailed by the BRICS countries. The Indian delegation was led by Dr. Hasmukh Adhia, Revenue Secretary of India, Ministry of Finance said in a statement. 

The leaders and representatives from BRICS countries were inquisitive about GST Reforms introduced in India and appreciated efforts of India in bringing about this major reform.

During this meeting, the BRICS Heads of Revenue and Tax Experts deliberated upon contemporary International Tax issues. A joint communiqué was issued at the end of the meeting. A Memorandum of Cooperation (MOC) in respect of tax matters identifying areas of cooperation, namely, coordination in International Forums, Capacity building, Experience sharing and regular interaction was also signed by the BRICS Heads of Revenue. 

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