Live
- Chandrababu Congratulates Gukesh on Historic Chess Achievement
- How Long Can You Safely Wear Makeup?
- ED conducts raids at two places in Bengal in chit fund case
- BJP Tamil Nadu President Expresses Confidence In Resolving Tungsten Mining Concerns In Madurai
- Karnataka Reviews Lake Safety Ahead of Monsoon: Minister Bhosaraju Tells Upper House
- Udupi MP’s queries, More key highways on high-priority
- Investing in Skills: Education Loans Paving the Way for Career Success
- Ghaggar river’s two stretches identified as polluted: Govt
- ICC chief Jay Shah meets Brisbane 2032 Olympics organising committee CEO
- Oxford Grammar High School Celebrates 44th Annual Sports Day with Grandeur
Just In
Telangana registered good progress in GST implementation: KCR
Chief Minister K. Chandrashekar Rao on Tuesday said that the Telangana State has registered a good progress in the implementation of the GST from 1st of this month.
Hyderabad: Chief Minister K. Chandrashekar Rao on Tuesday said that the Telangana State has registered a good progress in the implementation of the GST from 1st of this month.
In the first 15 days itself it could bring in 90 per cent VAT accounts under the new GST jurisdiction. Of the total 2.16 traders under VAT in the State, 1.92 were integrated under the GST by July 15 and got their numbers. Telangana thus became one of the few states in the country, which registered such a result within 15 days. The Central government officials have appreciated this development when in several states there is lot of confusion over the GST and there were some agitations against it.
The Chief Minister had held a high level meeting on July 3 amidst the doubts that whether the GST is good for the State or not? Which items will come under the GST? What percent of gain or loss? Etc., The CM has instructed the officials to organise statewide conferences to educate the people on the positive aspects of the GST. The CM has categorically asked the officials to create an awareness among the people that trades having their turn over less than Rs 20 lakh per annum need not pay any tax and for those having turnover upto Rs 75 Lakh per year will have to pay only one per cent as tax. It was decided at the review meeting that since the state will get 50 per cent of the GST, it would not be a loss to the state’s exchequer. The CM suggested fear and doubts on the GST in the minds of people should be cleared.
Traders in 91 Circles of the Commercial taxes department were personally met by the officials. 51 awareness meeting were held on July 5 to 7. Chief Secretary Sri SP Singh has personally participated in the Circle meetings in Punjagutta and Abids. Principal Secretary (Finance) Sri Ramakrishna participated in Tandoor while Principal Secretary (Revenue) Sri BR Meena participated in Hyderabad and Karimnagar districts, and Commercial Taxes Commissioner Sri Anil Kumar in Warangal.The officials have created awareness on the GST to the traders who participated in the meetings. They have cleared their doubts and answered their questions.
The officials personally helped the trades to switch over from VAT to the GST. They have distributed pamphlets on the GST in Telugu and English to the people. They have told the people that traders having a turnover of Rs 20 Lakh per year need not pay any tax, those having the turnover of Rs 75 Lakh will only pay one percent tax and only 2 per cent tax for those making items. They have also informed the people on the items, including food items that are not covered under the GST.
A two day workshop was conducted on July 8 and 9th where Central Excise senior officials and state officials participated in which Union Minister B Dattatreya and Mukhtar Abbas Naqvi were present. Journalists were also given awareness at a meeting held here at the Press Club on July 11. A meeting was held for the Pharma sector on July 13, with contractors on July 14 and with consumers on July 15. Meetings are being organised for the IT sector, Real estate, Catering business, textile traders, Commission Agents, small traders, and a Toll Free No 1800 425 3787 was also formed to clear the doubts on the GST. This call Centre will work from 8 am to 10 PM and so far about 3000 callers have got their doubts cleared.
The Chief Minister has congratulated the officials for creating awareness among the people, getting a record number of traders under the GST within a short time of 15 days. He congratulated Commercial taxes Principal Secretary Somesh Kumar and others for getting this success within a short span of time. He wanted 100 per cent registration by end of this month.
KCR said the state has asked the Centre to exempt/give concessions to Granite, textiles, Beedi industry, for the works taken for the public utility and hoped that the Centre would respond positively. He said this issue has been raised by the State in the GST Council and he also wrote a letter to Prime Minister Narendra Modi in this regard. He was upset that there are many people depending on these areas and they would have adverse affect due to the GST.
© 2024 Hyderabad Media House Limited/The Hans India. All rights reserved. Powered by hocalwire.com