x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Fortifying India’s Defence | Indian Red Cross Society, Launches Series of Humanitarian Activities Ahead of World Red Cross Day | CUJ organizes Thursday mind meet | GDC Dudu Basantgarh holds seminar on Earth Day, urges action to preserve environment | DPS Kathua Introduces Meditation Tunes, Music to Promote Student Well-being | Shiv Sena appeals to vote in large numbers, teach lesson to those who spread false propaganda | J&K Marks World Malaria Day with Comprehensive Awareness Campaign | Secretary Planning inspects JTFRP works in Srinagar | Signature Campaign for voter awareness held at Sumbal under SVEEP | Ignoring Mehbooba's commitment Cong ditches PDP to embrace NC | Timing of Mushtaq Bukhari’s statement to support Mehbooba raises many eyebrows | Amid enthusiasm border dwellers set to cast their votes today | Jammu goes to polls today, Police on high alert | SC to share cause list, other info through WhatsApp: CJI | Properties of 4 terrorist handlers operating from Pak attached in Handwara | J&K braces for more rains | INDIA Bloc seeking votes to provide religion-based reservation: PM Modi | Encounter breaks out in Sopore | Suspicious balloon recovered | Govt amends rules | CS reviews take-up of Vishwakarma & RAMP schemes in the UT | People want me in J&K's for development instead of being in Parliament: Azad | BIS conducted 3-day training program for Mentors, Teachers & Resource Persons at SKICC Srinagar | Will campaign for father in Baramulla Lok Sabha seat: Omar Abdullah's sons | Massive fire damages two houses near LoC in Kupwara | Establishment of ten new Cyber Cells to combat emerging cyber frauds | Victory of BJP aimed at making Viksit Bharat: Raman Suri | 14 years Rigorous Imprisonment, a fine of Rs 100,000/- awarded in rape case | Samba police arrests 2 bootleggers with 72 bottles of illicit liquor | Samba police recovers huge cache liquor bottles, arrests 2 persons | KVK holds farmer training at Bhandarkoot | Traffic police seize motorbike with tampered registration plate, driver handed over to authorities | Samba police reunites 5 missing persons including 4 girls with families | Woman drug smuggler booked under Narco Act, 2 held in Baramulla | Notorious criminal slapped PSA | District Youth and Sports Services organizes election awareness camp for students and staff | GDC Ramgarh organizes Calligraphy Competition | Dharamshala Himalayan Trekking programme kicks off | Menstrual hygiene awareness programme at Bandipora by LFO-BHF NGO | Dogra College of Education hosts interactive career counseling session for BEd students | Red Cross Society, Jammu Organizes First-Aid and Menstrual Hygiene Awareness Camp | Rigorous voter campaign by GDC Samba | GDC Udhampur commemorate World Malaria Day with awareness lecture | RJ Juhie 92.7 Big FM deliveries session at YCET | Back Issues  
 
news details
State Taxes Department holds interactive session with traders, hoteliers
11/18/2022 10:12:40 PM
Early Times Report
SRINAGAR, Nov 18: As part of 'Azadi ka Amrit Mahotsav', Commissioner State Taxes Department, Dr. Rashmi Singh, today held a GST interactive session for traders, manufacturers and hoteliers of South Kashmir.
Dr Rashmi Singh, responded to various issues raised by the participants and assured that all genuine issues will be taken care of. She directed the STOs of Anantnag, Kulgam, Pulwama and Shopian districts to have a registration drive to ensure that those falling in the threshold limit of GST Act get registered and do not evade taxes. This will also ensure a level playing field for all, she added. Commissioner exhorted upon the concerned to focus on revenue augmenting measures and ensure proper implementation of all provisions of the GST Act.
Deputy Commissioner State Taxes Recovery, Shakeel Maqbool, gave a detailed presentation sensitising participants about malpractices that lead to tax evasion and loss of revenue to the government. In particular, he flagged the issues of utilisation of ineligible input tax credit for setting off tax liability and declaration of IGST liabilities by the hotels and travel agents in violation of place of supply rules which leads to loss of revenue to the government of Jammu and Kashmir. He also sensitised the participants about recent GST related changes and the benefits accruing from the same.
Deputy Commissioner Central, Dr Parvez Raina, to educate the participants about the benefits and issues related to various tax reimbursement schemes being made available by the government for promotion of local industries.
The session witnessed active participation from Hotelier Association Pahalgam, Traders Federations South Kashmir, Taxpayers of South Kashmir, Contractors, Manufactures Association of South Kashmir and other stakeholders who raised concerns and raised questions before the senior officers present pertaining to CGST, SGST and IGST components involved in the billing process etc.
President Pahalgam Hotelier Association, Javeed Burza, suggested that existing hotels should also get benefit under incentives being given to new ones which have been declared as industry meant for boosting their sector further.
Gurpriya Kour, a young entrepreneur from Punjabi Rasoi, said, "We really appreciate such information exchange and this will prevent us from falling prey to misinformation."
Ayaz Ahmad Munsi, a businessman from plywood industry, raised concerns about unregistered dealers in the area skipping taxation process and the brunt being born by registered dealers due to such malpractices.
Shahnawaz Shah, Deputy Commissioner, State Taxes (Enforcement), South Kashmir; Waseem Raja, Assistant Commissioner State Taxes (Technical); Wajahat Mehmood, Programmer and other officers of the State Taxes Department responded to queries raised by the participants including matters related to GST reimbursement, invoicing, supplies received from unregistered dealers etc.
Later, a session with State Tax officers of Anantnag, Kulgam, Shopian and Pulwama districts was conducted. The circles, reviewed, presented their target achievements till date.
On the occasion, the first newsletter of the department was also released which brings out updates related to GST and initiatives taken by the department.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU