Itanagar: The CGST and Central Excise office here on Saturday conducted an awareness programme for traders to smoothen tax return & payment, in tune with the Centre’s proposal to implement new Good & Services Tax (GST) return from April 1, next year.
Tax Deputy Commissioner G Pangmai explained the payment process including online process to eligible traders.
There are total over 11,000 tax returnees in the State – about 5,000 registered with CGST commission and rest with the State Government, Pangmai said.
Explaining in details, inspector Indranil Chaliha said that tax return is to be filed as optionally on monthly or quarterly basis through normal, Sahaj and Sugam returns though it is submitted quarterly.
Instead of imposing the new GST, all traders should be brought onboard before its implementation, Arunachal Chamber of Commerce & Industries chief adviser Pradeep Kumar said, adding that it is next to impossible to know this Himalayan state by sitting in air-conditioned chambers in Delhi.
Business cannot follow taxation which follows business, Kumar said to express strong resentment against the hurry in implementation of new GST return process.
“It will boomerang like demonetization whose desired result of checking black money was zero but had cost to national exchequer over Rs one lakh core,” he said.
“This system will create a large number of non-compliant traders with serious future consequences,” said charted accountant Ramesh Chandra, adding that it could ruin many traders for ignorance.
Moreover, traders being end tax returnee should not be penliased for the mistakes of suppliers, Chandra said and expressed concern over the complicacies involved in the new return formats and its acceptability among the ignorant traders.
Arunachal Pradesh Tax Consultant Federation team led by president Tarak Eha and General Secretary Owan Khonjuju, in a memorandum to Pangmai, highlighted the genuine problems confronting the tax returnees of the state.