Sunday, September 29, 2024
spot_img

‘NE states would need initial handholding’

Date:

Share post:

spot_img
spot_img

GST implementation

SHILLONG: The Commissioner of Central Excise and Service Tax, Shillong, Gaigongdin Panmei said that the North Eastern states would require initial handholding after the implementation of Goods and Services Tax (GST).
Speaking at an outreach programme on GST conducted here on Wednesday, Panmei also expressed concern over the shortage of VAT officers in NE. He noted that while Meghalaya had around 100 VAT officers, Manipur had only 29.
Urging the state governments of NE to put in place all the required mechanisms before the implementation of the GST, Panmei said that there is no grievance redressal system in several of the states. “The issue needs to be addressed before the implementation of GST,” he said.  According to Panmei, once implemented, all the central taxes would be subsumed to GST
Deputy Commissioner, Customs (Preventive), IR Kharkongor while giving an overview on GST said that every product has a lot of hidden tax which swell its price. “With GST, single tax will replace multiple taxes and goods will be cheaper,” he said.
He also informed that registration of those who will be paying GST should be completed within three days even as he added that petroleum products and alcohol have been kept out of the ambit of GST.
The outreach programme was also attended by officers of taxation, excise and IT departments besides hoteliers and traders who would be brought under the ambit of GST.
It may be mentioned that GST is a proposed system of indirect taxation merging most of the existing taxes into a single system of taxation.

spot_img
spot_img

Related articles

Beef ban seekers denied entry at Umroi airport

Horde of pressure group members gathers at airport. Shankaracharya releases video, reveals he hoisted cow flag aboard...

VPP takes swipe at CM, asks him to ‘lead from the front’

By Our Reporter SHILLONG, Sep 28: Training guns on Chief Minister Conrad Sangma in the wake of the ongoing...

Christian leaders’ forum seeks curbs on ‘provocative’ yatras

By Our Reporter SHILLONG, Sep 28: The Khasi Jaintia Christian Leaders Forum (KJCLF) on Saturday urged Chief Minister Conrad...

State inching closer to digital edn: Min

By Our Reporter SHILLONG, Sep 28: Education Minister Rakkam A Sangma emphasised that embracing technology is crucial in today's...