All kinds of taxes would come under one umbrella called Goods and Service Tax (GST) which would make it easier for traders, dealers and businessmen of the state dealing with different types of taxes, Chartered Accountants and lawyers of tax bar have to take care regarding providing of information to this category, said Service Tax Superintendent Ajay Desai at a workshop organized by Tax Bar Association.
Desai said that Madhya Pradesh is the fourth state which would implement GST from July 1, 2017.
The preparations should be completed to develop understanding which could help them in a better way to use in their business.
Details of GST were shared by service tax inspector Deepak Ronia.
At the workshop sales tax office Sher Singh Dabur, Assistant Sales Tax Officer Ajeet Bhale and Assistant Sales Tax Officer Jaya Sharma were present. On the occasion, representatives from Tax Bar Association and CAs replied t the queries of businessmen.
Chartered Accountants and members of tax bar association raised queries which were pacified by the officials.
It was discussed that the benefits of GST should be provided to every trader and it would occur only by understanding the GST properly.
President of Tax Bar Association Rajendra Agrawal, Hanumant Newaskar, Mahesh Gupta, Saurabh Mittal, Rajesh Goyal, Purushttam Bansal, Jugal Shrivastava, Padamchand Jain, Praveen Jain, Vikas Gupta, Satish Gupta, Ajay Gupta and Rajendra Shukla were present.