‘One nation-one tax’ to strengthen patriotic feeling: I-T Chief

Source: The Hitavada      Date: 02 Jul 2017 09:45:40


 

By Niraj Chinchkhede,

Besides anticipating rise in country’s revenue collection due to Goods and Services Tax (GST), the tax collecting authorities on Saturday observed that the concept of ‘one nation - one tax’ would also strengthen patriotic feeling among the citizens.
The authorities from GST and Income Tax Departments said this while celebrating ‘GST Day’ here in the city on Saturday.


Expressing his view on the occasion, R N Jha, Principal Chief Commissioner - Income Tax, Nagpur, said the new tax regime would not only remove disparity in the tax system in the country but it would also generate a feeling of ‘oneness’ among the people of the country. “The GST has numerous advantages for all the stake holders but I am more excited about it because it gives a feeling of one nation,” he said.


Jha further said that the Income Tax Department could collect more tax in coming days because of the GST regime.
“All business transactions will be on record and there will be transparency in businesses which is going to take the revenue collection of the governmnet to a new level,” he said.


Jha also said that with the GST in place, prices of essential commodities will soon come down. “It is a huge a transformation in the country’s tax system which is going to help the nation scale new high. But at the same time, we must be prepared to face challenges in the transitional phase,” he said appealing to all the stake holders to contribute for ‘smooth’ roll over to GST.


Earlier in his key note address, the A K Pandey, Chief Commissioner (CGST), Nagpur Zone, the technology driven new tax regime has replaced the complex system.
“There were many taxes in the old system. Moreover, it had disparity in rates which would impact bussiness in certain pockets. But now gone are the days when buyers used to rush nearby states to avoid taxes. We have seen it happening here in this part of the state as many buyers would purchase high end cars from Chhatisgarh. But here onwards there will be no disparity in taxes,” he added.


Apart from this, Pandey said the department is well- prepared to resolve issues of the traders, industrialists, service providers and businessmen. “We have created special centre at range, division and commissionarate levels to resolve various queries,” he said. On the occasion, the department opened a ‘GST Seva Kendra’ in the premises of the GST Bhawan here at Civil Lines office. The centre is equipped with required infrastructure to assist assessees.


B P Bhalchim, Additional Commissioner (SGST), P K Agrawal, Joint Commissioner (SGST), Harjinder Singh, retired Chief Commissioner (Income-Tax), B C Bhartia, National President of Confederaion of All India Traders and other senior officers in large numbers were present on the occasion.