SE Report
GANGTOK, September 1: The Sikkim Chamber of Commerce has pioneered to organise
the first awareness camp on Goods and Service Tax (GST) in association with the State Commercial and Taxes Department on September 7.
A press release issued by SCS informs that GST introduced for the first time in France 1945 and spread across 140 countries, will be applicable in India from April 1, 2011 and that people would have questions for this new system of taxing. “It is understood that with the implementation of GST all the other taxes like CST, VAT, Service Tax, Excise Duty, Cess etc. shall be subsumed in it,” said SCS, Organising Secretary Sat Bhagwan Agarwal in the release. Mr. Agarwal added that all businesses whether engaged in the sales or supply of services would be impacted by GST system as GST is a consumer based levy. The tax will be collected by the States where the goods or services actually are consumed, he said.
The programme to be held on September 7 at Hotel Tashi Delek will have Special Secretary, Commercial Taxes Department HB Rai as the keynote speaker. He will also chair the camp as the chief guest, while Deputy Commissioner Manoj Rai will deliver talk on GST, Asst. Director, Computer Cell Vikash Diyali will explain E Services on tax compliance and Deputy Commissioner, (Cess and Professional Taxes) MN Dahal will speak on Environment Cess.
SCS has also invited members from all the Trade, Hotel and Industrial Bodies to attend the camp.