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CCI delegation calls on Finance Minister, discusses VAT, GST issues

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CCISTATE TIMES NEWS
SRINAGAR: The Chamber of Commerce and Industry (CCI) delegation led by its President Rakesh Gupta on Sunday called on the Finance Minister Haseeb Darabu here to discuss issues relating to VAT and GST.
The Chamber President raised the issues pertaining to online payment of VAT/GST, online filing of VAT returns on turnover of Rs 20 lakh and above and the extension of date for making the VAT/GST payments and filing of returns for the first quarter of 2016.
He conveyed to the Finance Minister that because of the present turmoil in the Valley the business people in Jammu, Kashmir and Ladakh will not be in a position to deposit the VAT/GST taxes on due date i.e. 31st July.
Agreeing the demands put forth by delegation were genuine, Drabu assured that the necessary SROs will be issued by tomorrow and all the three demands made shall be addressed.
The Chamber President was accompanied by Sham Lal Langer Senior Vice President, Rahul Gupta Secretary and Ashu Gupta Treasurer.

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