The Jammu Chamber of Commerce and Industry team led by President Rakesh Gupta called on the Finance Minister Haseeb Drabu in Srinagar to discuss issues related to VAT and GST and demanded extension of last date for filing VAT/GST taxes.
A press statement issued here stated that Jammu Chamber president raised the issues pertaining to Online Payment of VAT / GST , Online filing of VAT Returns on turnover of Rs 20 Lakhs and above and the extension of date for making the VAT/GST payments and filing of returns for the first quarter of 2016.
" It was conveyed to the Finance Minister that because of the present turmoil in the valley the business people both in Jammu, Kashmir and Ladakh will not be in a position to deposit the VAT / GST taxes on due date i.e. July 31," the statement adds.
It reads that Finance Minister agreed that the demands put forth were genuine and he assured that the necessary SRO's will be issued by tomorrow and all the three demands made shall be addressed.
The Chamber President was accompanied by Sham Lal Langer Senior Vice President, Rahul Gupta Secretary and Ashu Gupta Treasurer.