x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   PDP waiting for NC to break alliance | LS polls: PM Modi’s Jammu visit infuses new life in BJP camp | BJP ready to back Baig as independent candidate | Administrative Council approves Start-up Policy 2024-27 for J&K | Govt committed to fulfilling its pledge for farmers’ welfare: PM Modi | BJP ended credibility crisis in politics: Rajnath | LG Sinha conducts on-site inspection, reviews construction work | CBI searches Satya Pal Malik’s premises | Successful rescue operation saves lives | Women safety scheme to continue till 2025-26 | Drone-dropped IED found near IB | Landslide hits construction worker, dies | Avalanche warning issued for 8 districts | DC Bandipora flags-off Rally | Opening of big business outlets in J&K just beginning, more to come in BJP rule: Kavinder | Mission Vatsalya Kulgam hosts Sensitization/ Orientation & Training programme | Shobha Rajput Elected President of District Mountaineering Association | Dr Rashmi Singh addresses public grievances, highlights cultural initiatives | DDC reviews progress of JJM; emphasizes proper monitoring of ongoing works | International Mother Language Day celebrated at Govt GLDM Degree College | Union Minister launches ACB plan for Railways, Communications, Electronics & IT | Govt ready for talks with protesting farmers who are 'Our Brothers', says Anurag Thakur | Normalisation of scores likely to be done away with for CUET-UG, exam rejig underway: UGC Chief | AIIMS Delhi shares WhatsApp number to alert hospital admin about touts | Regulation, short termination, and origination of trains due to traffic block | Pamban railway bridge in Rameswaram to be ready very soon: Railway Board chairperson | Four-day training program on handling various types of Cybercrimes concluded at ZPHQ Jammu | Kaun Hai Tumhara Bowler? Tendulkar plays gully cricket in Kashmir | Night temp drops in Kashmir, Gulmarg at -10.4°C | World trading rules have been gamed: Jaishankar | Five-day crash course on New Criminal Laws commences at PTTI | Comprehensive training initiatives enhance law enforcement capabilities at SKPA | Kashmiri Migrants rally for solutions: Interaction meet highlights community concerns, demands | Crackdown on illegal mining; 02 vhicles seized: Police | Nisith Pramanik flags off women's mountain ski event | Police seized three chemist shops illegally selling H1 drugs | Rescue operation in Gulmarg after avalanche strikes army ridge | Chamber of Commerce delegation advocates for development initiatives | Missing boy reunited with family at Reasi | GDC Sidhra hosts enlightening lecture on voting awareness and rights | Dewan Devi Public School students commemorate Scouts & Guides Foundation Day | GDC Udhampur commemorates International Mother Language Day | GDC Kathua felicitates NSS volunteer Keshav Sambyal | GDC Ramgarh organizes a Traditional Food Exhibition | GDC Khour NSS Unit embarks on beautification drive | ICICI Bank conducts insightful counselling session at GDC Nagrota | Week long activities organized at GDC Ghagwal | ICICI Bank conducts insightful counselling session at GDC Nagrota | Plantation drive flourishes at Govt PG College Rajouri | GGM Science College Jammu faculty releases three groundbreaking books | Lt Governor interacts with 160-member delegation of Pahari Community from Kashmir Division at Srinagar | Smart buses in Jammu | 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