MADURAI: The implementation of GST has put an end to the practice of doing business without bill and so ultimately indirect tax collection / tax revenues will go up significantly, BJP senior leader and national secretary Mr.H.Raja has said.
Addressing traders on GST clarifications at a meeting organised in Shree Gujarat Samaj Hall in Madurai on August 13th 2017 (Sunday), he said the objective is to increase tax compliance in the country, prevent tax avoidance and to bring down prices of commodities / products in the open market for benefit of people.
“People are trusting our Prime Minister Mr.Narendra Modi…..and the Modi government’s policy is “I Trust My Citizens”…..that is why he introduced the system of self-attestation….when Modi says we trust you, then naturally people will also trust him,” Mr.Raja has said.
NEW REGISTRATIONS :
The senior BJP leader, who is a leading chartered accountant, informed the gathering that 17 lakh new registrations of their businesses by traders happened till last week after GST came into effect from July 1st this year.
“Now, traders and businessmen can register online….they need not go around commercial or sales tax offices for registration….Only in very rare cases and when only when there is suspicion, post-registration investigation will be done by officials….otherwise the process will be easily completed in three days,” Mr.Raja said.
He explained about the four rate structures under GST, the importance of one nation one tax system, revenue neutrality and input tax credit.
Prof.Dr.R.Srinivasan, BJP State Secretary, Mr.Saseeraman, Madurai urban district president, general secretaries M.G.Bharathi Raja and D.M.Balakrishnan, Meenakshi Kovil Mandal president D.Saravanakumar and representatives of Madurai North Indian Welfare Association, were among those present.
