Excelsior Correspondent
JAMMU, June 12: BJP State Professional Cell, under its State convenor Deepak Kapahi and in collaboration with Busy Infotech, organised a one day workshop on the Goods & Services Tax (GST) for the awareness of Party men at BJP Headquarter, Trikuta Nagar here today.
Experts Vinod Kashyap from Next Gen Knowledge Solutions, CAs Raj Chawla and Kamal Yadav, gave detailed information about the GST, its benefits, implication and applicability for the trader community. The workshop was attended by BJP State president and MLA Sat Sharma, Deputy Chief Minister, Dr. Nirmal Singh, Speaker State Legislative Assembly Kavinder Gupta and MLC Ashok Khajuria, who inaugurated the event.
Sat Sharma, while addressing the gathering, said that the Prime Minister Narendra Modi led NDA Government at the Centre is committed to take bold decisions for the growth of the country. While applauding the PM for the introduction of GST law, he said that the economy of country will see a spurt in the initial days itself by its execution, he added.
Dr. Nirmal Singh said that J&K is a consumer State as compared to the other States of the country, so it will be particularly benefitted by the introduction of this law. Earlier, he said, the tax paid by the residents of the State for Goods used to go into the treasure of manufacturing states, but with the introduction of this law, tax generated here will be used for the developmental works in the State.
Vinod Kashyap, while giving the overview of GST, said that its introduction into the Indian Tax structure is a single biggest tax reform undertaken since independence to usher into a new era. He said that this will be a step for “One Nation, One Tax”. The GST is a consumption based tax levied on sale, manufacture and consumption of goods and services at national level, under which no distinction is made between goods and services for levying tax, he added.
Raj Chawla, while speaking on the occasion, said that introduction of GST will benefit both the Government and the tax payer and strengthen the revenue of Government providing more funds for the development purposes. He said that today everything is technology based and this online system will help to clear tax related corruption and malpractices.
Kamal Yadav, said that the GST accounting soft-wares like BUSY is all set to be used by the trader community. All the new amendments related to the software have already been done in the soft-wares, so that the transition from VAT to GST will be done in an easy method in a fraction of moment.
State general secretary Harinder Gupta conducted the proceeding of the workshop.
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