Excelsior Correspondent
JAMMU, Aug 14: The Jammu Chamber of Commerce and Industries (JCCI) today flashed the urgent communiques to the Chairman GCT Council, New Delhi and the Finance Minister, J&K Dr Haseeb Drabu on the issue of extension in date of submitting tax and also issue necessary notification for special incentives to J&K industry.
Office bearers of Chamber of Commerce & Industry met today at Chamber House under the presidentship of Rakesh Gupta to discuss the problems being faced by Trade and Industry post implementation of GST in the State and after serious deliberations an urgent communication was sent to the Chairman GST Council New Delhi and Finance Minister Dr Haseeb Drabu.
It submitted that the last date to file GST- R 3B may be extended besides the migration date from VAT to GST on account of some valid reasons. JCCI members pointed out that the rest of India has started the gearing up to switch over to the GST regime since September last year but because of political problems it was not certain that GST will be implemented here or not.
It was only after the notification on July 8, 2017 that the process of awareness campaigns and the migration from VAT to GST started. The migration process from VAT to GST is still going on and large number of assesses are still to do the same.
Again, the notification for special incentives to the Industrialists in the State of J&K has yet to be issued by both Govt of India and the State Govt which were available under the VAT regime, in the absence of which Industrialists shall not be in a position to file any such returns.
The JCCI urged upon the authorities to extend the date of filling GST-R 3B and the migration date from VAT to GST by at least one month.
In another communication sent to Dr Haseeb Drabu, the Jammu Chamber requested that the last VAT return from July 01 to July 07 should be necessarily filed by the assesses at an early date so that the benefit of claiming input credit on closing stock is allowed but there is utter confusion regarding filling date of such returns. It was demanded that a separate notification in this regard be issued at the earliest.
The other office bearers present in the meeting included . Rajesh Gupta, Rajeev Gupta, Manish Gupta, Gaurav Gupta, and Ashu Gupta.
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