Commissioner State Taxes, Dr Rashmi Singh and Principal Commissioner CGST, Mahesh Kumar Rastogi chaired an Interactive Session with Traders and Industrial Associations on Goods & Services Tax (GST) here at Excise & Taxation Complex.
The session was called to share the milestones on completion of 5 years of GST rollout, the latest updates as also to receive feedback and suggestions from the businesses to improve operational efficiency.
Others representing the administration included Additional Commissioner Administration & Enforcement Jammu, Nitu Gupta; Additional Commissioner Tax Planning & Advance Ruling J&K, Ankita Kar and Joint Commissioner CGST, Amit Kumar among Deputy Commissioners and other officers of the department.
In the welcome address, Nitu Gupta informed that the session has been organised to provide a common platform for government and the businessmen to share the relevant information and updates especially after the recently concluded meeting of GST council .
Dr Rashmi Singh, while addressing the house, appreciated the role of associations in improving compliances, enrolling more dealers in the GST system and urged all present to bring greater awareness on relevant laws and procedures.
On the policy issues raised during the meeting, she stated that the inputs and suggestions would be examined and taken up with the appropriate authorities and forums. On certain issues requiring operational clarification she assured that SOPs will be formulated and shared .
'The GST is dynamic in nature and has already evolved a lot through regular feedback and inputs. In this regard, Jammu & Kashmir has also emerged among the best states in India in its adoption', underlined the Commissioner.
On this occasion, a detailed powerpoint presentation was given by the department describing salient features and important information about the GST. Grievance redressal mechanisms, tax filing procedures, issues pertaining to e-way bills, e-invoice etc were touched upon during the presentation.
In the interactive session trade associations and other representatives from the fraternity spoke with officers from the administration. Issues including reimbursements, 'excessive penalties', one-time relaxation to MSMEs and enforcement were principally discussed in the session.