Misconceptions regarding GST lead to higher bid value for tenders afloat

Published on: 

After implementation of Goods and Service Tax (GST) citizens have several misconceptions regarding GST and due to which tenders afloat have been bid with higher values said Indore Municipal Corporation (IMC) Commissioner Manish Singh at a programme on information and proper implementation of GST organized at Brilliant Convention Center on Thursday.

Singh said that to develop clarity over tenders after implementation of GST and its execution by municipal corporations and municipal councils expert on taxation Sandeep Mukherjee has been provided by government for providing training to all engineers, officials and employees of IMC.

Sandeep would provide GST in details which would help in developing a better understanding and increasing revenue of the corporation. The training should be taken with interest and seriousness, he added.

later in the training programme Sandeep said that under section 51 of GST -2017 local official would be called as Tax Deductor  who would be responsible for providing tax deduction.

Under section 22 of Madhya Pradesh Goods and Service Tax all have to get registered and in case if municipal corporation and council are registered they would get registered automatically and in case if not registered earlier then for registration online application has to be submitted.

Programme was organized by National Governance and city planning organization Madhya Pradesh Bhopal and Indore Municipal Corporation (IMC) Mayor and MlA laxmi Singh Gaud.

Daily Pioneer
dailypioneer.com