5 years of GST rollout: Commissioner State Taxes holds interactive session with traders, industrial associations in Jammu

By admin On Jul 15, 2022

STATE TIMES NEWS

JAMMU: Commissioner State Taxes, Dr Rashmi Singh and Principal Commissioner CGST, Mahesh Kumar Rastogi on Thursday chaired an Interactive Session with Traders and Industrial Associations on Goods & Services Tax (GST) here at Excise & Taxation Complex. The session was called to share the milestones on completion of 5 years of GST rollout, the latest updates as also to receive feedback and suggestions from the businesses to improve operational efficiency.
Others representing the administration included Additional Commissioner Administration & Enforcement Jammu, Nitu Gupta; Additional Commissioner Tax Planning & Advance Ruling J&K, Ankita Kar and Joint Commissioner CGST, Amit Kumar among Deputy Commissioners and other officers of the department.
In the welcome address, Nitu Gupta informed that session has been organised to provide a common platform for government and the businessmen to share relevant information and updates especially after the recently concluded meeting of GST council. Dr Rashmi Singh, while addressing the house, appreciated the role of associations in improving compliances, enrolling more dealers in the GST system and urged all present to bring greater awareness on relevant laws and procedures. On the policy issues raised during the meeting, she stated that the inputs and suggestions would be examined and taken up with the appropriate authorities and forums. On certain issues requiring operational clarification she assured that SOPs will be formulated and shared.
‘The GST is dynamic in nature and has already evolved a lot through regular feedback and inputs. In this regard, Jammu & Kashmir has also emerged among the best states in India in its adoption’, underlined the Commissioner.
On this occasion, a detailed power-point presentation was given by the department describing salient features and important information about the GST. Grievance redressal mechanisms, tax filing procedures, issues pertaining to e-way bills, e-invoice etc were touched upon during the presentation. In the interactive session trade associations and other representatives from the fraternity spoke with officers from the administration. Issues including reimbursements, ‘excessive penalties’, one-time relaxation to MSMEs and enforcement were principally discussed in the session.
Arun Gupta, President CCI Jammu accompanied by his team of office bearers including Anil Gupta, Sr Vice President and Rajesh Gupta, Secretary CCI, participated in an interactive session and raised numerous problems faced by traders and other demands, in respect of GST like enhancing e-way bill limit from Rs 50,000 to Rs 1 lakh, treating goods shifted from godowns /cold storage to shops as stock transfer, timely reimbursement of GST, settling long pending claims, granting another opportunity to traders like earlier launched VAT Amnesty scheme to clear all their pending dues, penalties etc.
The PHDCCI Jammu delegation led by its Chairman Rahul Sahai and other members Anil Mahajan, Adv Shantnu Gupta, Amerpreet Singh etc also highlighted a number of issued related to GST and sought immediate measures for resolution of the same.