Sourcing of goods from India is compelled to some extent by the government to promote small and medium industries American retailing giant Walmart getting a notice from the service tax department in the finance ministry is the latest example of multinationals finding it tough to cope with the sourcing rules in New Delhi. Carrefour, IKEA and Apple are among the others to have come up against the rules in this regard, and their interpretation. Walmart’s could be a technical matter, to be ... Rediff.com, 2 months ago
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