Begin typing your search above and press return to search.

Semir on GST organized at Dibrugarh

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  25 March 2017 12:00 AM GMT

DIBRUGARH, March 24: With the primary aim of implementing the Goods and Services Tax (GST) which would come into effect from July 31, all over the country, a semir was organized under the aegis of the Central Excise and Service Tax Commissionerate, Dibrugarh, here on Thursday.
The semir on GST, the objective of which is “One tion, One Tax, One Market” was presided over by the Chief Commissioner of Central Excise, Customs and Service Tax, North East Zone, SK Panda, and attended by members of various organizations of trade, industry, commerce and Dibrugarh branch of EIRC of Institute of Chartered Accounts of India.
Following the keynote address by Chief Commissioner, SK Panda, an interactive session was held during which the problems and doubts regarding GST law and ongoing migration process to GST were raised by the members and officials.
Later, addressing the semir, Commissioner of Central Excise & Service Tax, Dibrugarh, Viy Kumar Paul, called on the stakeholders to get their existing Assesses migrated to GST before March 31.
He further informed the gathering that GST Seva Kendras have been opened at Dibrugarh and all the Divisions of the Commissionerate, where one-stop solution to migration will be provided free of cost.
Earlier, Chief Commissioner Panda in his briefing with the media, stated that ever since independence, the Goods and Services Tax, is the most important tax reform as it would take in all the Central Taxes such as Central Excise, Service Tax and State taxes like Value Added Tax (VAT), Entertainment Tax, Entry Tax and Luxury Tax.
Panda further said that GST will be non-adversarial and tax payer friendly and would be much easier to administer. Besides, tax burden on goods and services is expected to decrease thereby befitting the common man. GST would boost up the economic activity and create avenues for more jobs and that implementation of GST will make our products competitive in domestic and intertiol markets, Panda stated.
Highlighting the benefit of GST, Panda said that it would help in broadening the tax base and improved the compliance related to revenue collections.
The Chief Commissioner also informed the media that awareness on GST is being carried out through emails, messages, jingles , public hoardings , to see that common masses reaps the benefit of GST as rate of duty is expected to come down .
The GST will help in transforming the economy and bring in transparency to create a unified common market and to give a boost to foreign investment.

Next Story