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Old 11th October 2006, 00:36   #1
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Broadband providers taxed for "Light energy"

http://slashdot.org/article.pl?sid=06/10/10/1732217
The Hindu is reporting that the Indian Government is trying to tax optical broadband providers (think fiber to the premises) for generating 'light energy.' According to the Commercial Tax Department, optical broadband providers operate on light energy which is 'artificially created and sold to customers for the purpose of data transmission and information.' This classification would make Internet access goods (since you are buying light) as opposed to service — and would be subject to a 12.5% VAT.

Hindu Link : http://www.hindu.com/2006/10/10/stor...1012450400.htm

MORONS!
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Old 11th October 2006, 08:10   #2
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Aaaaaaarghhhh... What will they think of next?
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Old 11th October 2006, 08:20   #3
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Should we post that article on "The Official Joke Thread"?
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Old 11th October 2006, 09:33   #4
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Well the article certainly belongs on the joke thread..This just goes to show how ignorant and stupid our government is..
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Old 11th October 2006, 09:40   #5
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This is October. Not April.
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Old 11th October 2006, 22:22   #6
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and our country is anyways short of bandwith now they're thinkin of taxing it .. why dont they think long term for a change
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