Ranchi

Jamshedpur traders oppose new version of VAT

PNS

Under the aegis of the Singhbhum Chamber of Commerce and Industry ( SCCI), the traders on Friday opposed the new version of Jharkhand VAT ( J VAT) recently implemented by the State Commercial Taxes Department.

 Suresh Sonthalia, president of SCCI after a meeting with the local traders at the Chambers Bhawan in Bistupur said that the recent changes made by the commercial taxes department in J VAT has increased woes for the traders to a  great extent. The business community is not in favour of the changes made.

 According to the traders due to the implementation of new version ( Version II) of J VAT Moonka the registered dealers who had taken registration after October 18 are not able to login to the new version in the website of state commercial taxes department. This apart, the new version the traders are finding difficulty in filing their monthly returns of sales and purchases. The local traders demanded a complete change of the website and also to hold the Version II and instead implement it from April, 2015. The SCCI president informed that they have also sent a letter to the commissioner of commercial taxes, M R Meena on Wednesday highlighting the plight of the traders due to the implementation of the new version.