Contract to build New Ganderbal power project scuttled by GST

Contract to build New Ganderbal power project scuttled by GST

Srinagar: The Modi government’s Goods and Services Tax (GST) has torpedoed the terms of contract agreed to with the Hindustan Construction Corporation (HCC) to build a hydropower project on the river Sindh in Ganderbal. Officials from the Mumbai-based HCC arrived in Srinagar on Monday to explain why the company had not signed the contract for […]

Jammu traders, industrialists for roll back of toll tax

Jammu traders, industrialists for roll back of toll tax

Jammu: The Chamber of Commerce and Industry of Jammu (CCIJ) today demanded immediate roll back of toll tax at Lakhapur, saying the levy is against the purpose of the Goods and Services Tax (GST). The imposition of the toll tax at Lakhapur inter-state toll plaza by the Jammu and Kashmir government defeats the slogan ‘one […]

Promised timber to flood victims lost in official files, tax revision

Promised timber to flood victims lost in official files, tax revision

SRINAGAR: The victims of the devastating 2014 flood have complained that the state forest corporation (SFC) is denying them timber for the reconstruction and repairs of their houses. They said that despite procurement of valid sanctions, the corporation is not providing the requisite timber. The then minister for forests Mian Altaf Ahmad had directed the […]

GoI considering auto makers’ concern on hike in GST cess

GoI considering auto makers’ concern on hike in GST cess

NEW DELHI: India’s Finance minister Arun Jaitley is “seriously” considering the demand of automobile manufacturers which have raised concerns over rise in cess on luxury vehicles, India’s heavy industries minister Anant Geete said on Thursday. “We have requested the finance minister (on the cess issue). Industry has given its memorandum and we have forwarded that […]

‘Do not wait till last day to file GST returns’

‘Do not wait till last day to file GST returns’

NEW DELHI: The GoI Thursday exhorted businesses not to wait till the last day to file GST returns, saying just over half of registered taxpayers have so far paid taxes and 11 lakh have not yet completed even registration. Revenue Secretary Hasmukh Adhia said the government has been flexible to demands of the industry and […]

Rendered redundant, excise and commercial tax depts to set up R-day, I-day parade contingents

Srinagar: The government does not want the excise and commercial taxes departments to stay idle now that the GST (Goods and Services tax) has rendered them redundant. The departments have been asked to establish parade contingents for Republic Day and Independence Day functions. Apart from this, cricket and football teams that would participate in tournaments […]

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