SRINAGAR – Jammu and Kashmir is showing upward trend in filing of Goods and Services Tax (GST) returns which is at par with National Average of 60 per cent.
This was disclosed during a video conference chaired today by Principal Secretary to Prime Minister, Dr PK Mishra with chief secretaries of all States, with regard to the status of revenue collections through GST of State-wise quarterly growth trend.
Principal Adviser to Prime Minister, PK Sinha, Cabinet Secretary, Rajiv Gauba and Union Revenue Secretary, Ajay Bhushan Pandey were also present in the meeting.
In his opening remarks, Mr Mishra said that revenue collection under GST has increased with more transparency in the system and providing stability to the revenue collection system.
Speaking on the occasion, Chief Secretary, B.V.R. Subrahmanyam, who was representing J&K in the meeting via video conference, said that JK is doing good in filing of GST returns at an average of 70 per cent in last quarter besides recording a constant stability in the same from past one and half year.
The meeting discussed and deliberated upon the filing of GST returns and compliance of other parameters by the States and Union Territories. The meeting discussed the measures taken and proposed to improve the compliance, invoices uploads, filing of invoice details and other parameters.
The meeting decided to improve the compliance of GST parameters where there is a significant variation from the States in different GST parameters.
Speaking on the occasion, Cabinet Secretary, Rajiv Gauba said that at every stage of filing GST returns each parameter should be complied with while there is also a scope of improvement.
While speaking on the occasion, Principal Adviser to PM, PK Sinha asked States to make full use of the expertise and suggested State-Centre coordination in compliance to improve revenue collections. During the video conference several States including J&K presented their inputs and performances under GST.
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.