x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Striking Balance | BJP ‘poster-boy’ unlikely to contest as rebel candidate | Candidates worried as Jammu-Reasi seat witnesses dull campaign | Azad hits out at Omar Abdullah | LG Sinha attends Utthan foundation’s symposium on Sanatan culture | Sajjad Lone meets Muzaffar Baig, seeks support to win Bla LS seat | Secular forces in Jammu rally against divisive politics: Sadhotra | Jammu: Over 17.80 lakh voters to decide fate of 22 candidates | DPAP contesting LS elections independently: Azad | Lashkar terrorist behind Govt employee’s killing: Police | ADGP Jammu conducted security review meeting at Reasi | 67 suspects detained | J&K Police urge vigilance against unauthorized social media posts featuring officers | Nitin Gadkari faints while speaking at campaign rally | Emergency procurement powers help Army to modernise itself: General Manoj Pande | 15 flights diverted from Delhi due to bad weather conditions | No action for short deduction of TDS if PAN linked with Aadhaar by May 31 | "Modi's Guarantee Is Global", says S Jaishankar | Encounter underway | Lightest bulletproof jacket | Voting for BJP means supporting patriots who want to establish 'Ram Rajya' in country: Shah | Govt official dismissed | School timing changed | Kavinder pitches for PM Modi's third term to continue India's development trail | DC Kupwara kick-starts plantation drive at PS Wadder Payeen | REC Ltd to extend term loan of Rs 1,869 Crores for Kiru HEP | Auction for Telecom Spectrum to continue, Administrative Allocation Limited: Report | DRI seizes valuables of Rs 10.48 Cr after busting gold smuggling syndicate in Mumbai; 4 held | Border Road Organisation opens Leh-Manali National Highway | Congress, its coalition aiming to loot income, savings, assets: BJP | BJP's communal narrative weakening national unity: Rattan Lal | Health Secretary reviews arrangements for Shri Amarnathji Yatra | Flag march conducted in Samba town ahead of second phase of Parliamentary elections | Medical health check up drive launched in GRP Jammu | DIG Udhampur-Reasi range conducted GELS-24 review meeting cum briefing session | Notorious criminal slapped PSA by police | Police foils bovine smuggling bid, arrests 2 smugglers | Cybercrime investigation unit recovers online defrauded amount | Navi Mumbai cops trace stray dog seen in CCTV footage to crack ragpicker's murder case | Breakthrough in Rajouri attack emerges | 16 chronic drug peddlers booked, lodged in jail | CUJ organizes corporate connect "Parshikshan Pe Samvad" 2024 | GDC Khour organizes an Awareness Lecture | Panchayat Diwas celebrated in National College of Education | Jodhamal organizes ICARUS'24: A Drone War Competition | Govt College for Women, Bhagwati Nagar organizes Quiz Competition | GDC Vijaypur organizes plantation drive | Empowering Adolescents: Addressing substance abuse and mental health | Electoral Literacy Club in collaboration with | YCET's students placed in KodNest Technologies Pvt Ltd | GDC Samba organizes a vibrant and educational Mock Parliament | 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