SAC Approves GST Amendment Bill 

SRINAGAR —The State Administrative Council (SAC), which met here on Wednesday under the chairmanship of Governor, Satya Pal Malik approved the ‘Jammu and Kashmir Goods and Services Tax (Amendment) Bill, 2018’.

The Jammu and Kashmir Goods and Service Tax Act, 2017 makes a provision for levy and collection of tax on intra-state supply of goods or services or both by the State of Jammu and Kashmir.  The said Act is a replica of the Central Act on the subject.  The Central Goods and Service Tax Act has been amended by the Central Goods and Service Tax (Amendment) Act, 2018. 

Accordingly, Finance Department proposed amendments in the State Act with a view to end e inconveniences caused to the taxpayers, especially small and medium enterprises viz; the process of filing return and payment of tax under the Goods and Services Tax Laws. The new return filing system envisages quarterly filing of return and tax payment for small taxpayers along with minimum paperwork.

The amendments will improve the tax administration and revenue realization under the GST Act in the State.  

Promotion in J&K Accounts Service  

The State Administrative Council (SAC), which met here today under the chairmanship of Governor, Shri Satya Pal Malik accorded sanction to the promotion of Mr Fayaz Ahmad Lone, Director, Accounts and Treasuries, Kashmir and Mr Mohammad Yaqoob Matoo, Director Finance, Forest Department to the Super Time Scale of the J&K Accounts (Gazetted) Service w.e.f. 11.09.2018.

The SAC also accorded sanction to the promotion of  Ms. Seema Bhasin, FA & CAO, Revenue Department,  Mr. Mahaesh Chander Tana, FA & CAO, School Education Department,  Mr. Madan Lal, CAO, District Fund Office, Kathua,  Mr. Romesh Singh, Finance Officer, SMVDU, Katra,  Mr. Mazher Hussain, FA and CAO, SICOP and  Mr. Ranbir Singh, FA and CAO, Public Works, PW (R&B) Department to the Special Scale  of the J&K Accounts (Gazetted) Service w.e.f. 11.09.2018. (GNS)

Be Part of Quality Journalism

Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.

ACT NOW
MONTHLYRs 100
YEARLYRs 1000
LIFETIMERs 10000

CLICK FOR DETAILS


Observer News Service

Leave a Reply

Your email address will not be published.

KO SUPPLEMENTS