District Administration Pulwama in collaboration with Commercial Taxes Department organized an awareness programme on Goods and Service Tax (GST), here at District Administrative Complex Pulwama.Speaking on the occasion, Deputy Commissioner Pulwama, Ghulam Mohammad Dar appreciated the efforts of commercial taxes officers for organizing an event for explaining salient features and benefits of the e-way bill under GST to all stakeholders.He said awareness programme was vital for getting all stakeholders including businessmen, educationists, media persons, public servants, lawyers, entrepreneurs ready for its implementation.The GST provision, requiring any good more than Rs 50,000 in value to be pre-registered online before it can be moved, is likely to kick in from October after a centralized software platform is ready.
Earlier, Assistant Commissioner Commercial taxes, Naseer Ahmad South Kashmir explained the anticipated impact of the e-way bill under GST on tax structure, tax incidence, tax computation, tax payment, compliance, credit utilization and reporting under the new regime which would lead to a complete overhaul of the current indirect systems. He described e-way bill under Goods and Services Tax (GST) as one of the best possible tax systems that will immensely benefit stakeholders.Commercial Taxes Officer Pulwama, other concerned officers and officials and local traders also attended the programme.