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(v ) Weights and Measures and prevention of duplication brands: Laws relating to weights and measures
and protection of brands are necessary to protect the interest of the consumers as well as the traders.
These need to be enforced strictly. The Chambers of Commerce and Industry interact with the
government to formulate such laws and take action against those who violate rules and regulations.
(vi) Excise duty: Central excise is the chief source of the government revenue levied across states by the
central government. The excise policy plays an important role in pricing mechanism. The trade
associations need to interact with the government to ensure streamlining of excise duties.
(vii) Promoting sound infrastructure: A sound infrastructure like road, port, electricity, railways etc.,
plays a catalytic role in promoting trade. The Chambers of Commerce and Industry hold discussions with
government agencies for investments into these projects.
(viii) Labour legislation: A simple and flexible labour legislation is helpful in running industries,
maximising production and generating employment. The Chambers of Commerce and Industry and the
government are constantly interacting on issues like labour laws, retrenchment etc. with the
government.
ROLE OF CHAMBERS OF COMMERCE AND INDUSTRY IN PROMOTION OF INTERNAL TRADE
A chamber of commerce is a voluntary association of businessmen belonging to different traders and
industries. Even professional experts like chartered accountants, financers and other engaged in
business in a particular locality, religion or country can also become the members of chamber of
commerce. Its main objective is to promote the general business interests of all the members and to
faster the growth of commerce and industry in a particular locality, religion or country.
Following are the main functions of chamber of commerce and Industry.
(1) Conducting research and collecting statistics and other information about business and economy.
(2) Providing technical, legal, and other useful information and advice to its members.
(3) Publishing books, magazines and journal of business interest.
(4) Making arrangement for education an training of members. Some chambers even conduct
commercial examinations and award diplomas.
(5) Arranging industrial exhibitions, trade fairs etc. in order to promote trade.
(6) Advising the government in matters concerning industrial and economic development of the region.
(7) Issuing certificate of origin to exporters
(8) Representation of business interest and grievances before the government.
(9) Providing a forum for discussing the common problems of business community.
(10) Acting as arbitrators for solving problems and disputes among the members.
Main Documents Used In Internal Trade
The following are the main documents used in the Internal trade.
1. Invoice – In case of credit purchases, a statement is supplied by the seller of goods in which he gives
particulars of goods purchased by buyer such as quantity, quality, rate, total value, sales tax, trade