Ferozepur 12 July, 2017 : GST Advisor, Rajeev Gupta had a meeting with the local traders and industrialists to redress their problems if any with the introduction of Good and Service Tax – GST – throughout the country from July 1.
Rajeev Gupta resolved the issues raised in the meeting on the spot in a very easy and simple way.
Speaking on the occasion, he said, GST has been implemented to simplify the tax procedures and the process of trading by the traders.
He said, the new system will increase the revenue of the entire state of India and especially the Punjab government.
He put wiser the business community with valuable information on GST, as to how to do billing, take advantage of the composition scheme and which merchants are eligible for this scheme besides how to claim input tax and how many percentages have been taxed at different rates of different commodities.
He said, the tax filing by the traders will have to be done once in a month whereas the rest of the returns will automatically be generated through computer system.
On this occasion, Mr. Jaspinder Singh, DSTC, Firozpur, Mr. GS Sandhu, DSTC, Faridkot, Mr.P.S. Parmar, ASTC Ferozpur, Mr. RK Malhotra ASCC Bathinda, Mrs. Anu Sachdeva ST, Mr. Madhur Bhatia ST, Mr. Jaspal Handa, Excise Inspector, Gagandeep Singh, ETI, Mr. Baljeet Singh , ETI, Gurbakhsh Singh, ETI and the businessmen of different towns and cities of the district of Firozpur district were present.