Delhi govt starts registration of city traders under GST

Image
Press Trust of India New Delhi
Last Updated : Dec 16 2016 | 4:58 PM IST
The Delhi government today launched a process for getting city traders registered under Goods and Services Tax regime, which is expected to be rolled out in 2017.
Deputy Chief Minister Manish Sisodia, who formally initiated the procedure that continues till December 31, sought "queries and concerns" from the traders to properly shape up the new tax law.
Sisodia said the GST is a new tax reform and also good for the country and it will benefit every citizen and trader as well.
There are currently around 3.48 lakh traders registered with the Trade and Taxes Department of Delhi Government and they are eligible to get themselves registered under GST regime.
"There is good atmosphere about GST in the country. We have started the practice of registering 3.50 lakh traders under GST regime so that they won't have to face problems when the new tax law comes into force. We hope that GST will be implemented from April 1 in the country," Sisodia said while addressing a gathering here.
He also said that GST is currently in initial state and it is our responsibility to properly shape it.
"Traders should come forward and tell us about their queries and concerns relating to GST so that I could raise them in the GST council," Sisodia, who also holds finance portfolio, said.
The Deputy CM also demanded that the word- 'dealers' which exists in the current tax law should be replaced with 'partners' in the GST regime.
"I don't know why 'dealers' word is there (in existing tax law). It should be replaced with 'partners' as traders collect tax from people and give it to the state government and hence, they are 'partners' in collecting tax.
"Instead of calling them dealers, they should be called partners," he said.
A senior government official said that a self-training module is available on the website- gst.Gov.In and that could be used for understanding the process.
(REOPENS NRG8)
Meanwhile, Sisodia said today he requested the GST council to seriously consider the issue of tax exemption to cinemas.
"I have raised the issue of tax exemption to consider educational and low budget cinema in GST Council today..If we don't provide tax relief to low budget & educational cinema, it will cease to exist," he said in a series of his tweets.
The Delhi Deputy Chief Minister also said, "I've requested the GST Council to consider the cinema tax exemption issue seriously. It is IMP not only for industry but for society as well (sic).
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 16 2016 | 4:58 PM IST

Next Story