The Central Excise Department, looking after newly introduced GST, has asked all retailers to display the rates of goods before and after implementation of GST in front of their establishments to enable the consumers to differentiate the tax rates.
This was stated on Wednesday by Jalandhar range central excise Assistant commissioner R.K.Sharma in a awareness seminar organised by the department in which more than 100 businessmen, charted accountants and representatives of industrialists participated.
The official appealed consumers to demand bill while purchasing any goods as GST is included in it.
Talking to media persons, Sharma said that department has deferred the reverse charges till March 2018 and raised the limit of composite tax scheme from rupee 75 lakh to one crore.
He said the centre has decided to reduce the filing of GST returns to 13 in case of annual sale of rupees one crore fifty lakhs and tax payers will have to file quarterly returns in such cases.
Kapurthala central excise superintendents Sucha singh Aujla, Avtar Singh and Bhupinder Singh and Kapurthala income tax bar secretary P K Tuli, Julka and CA Kulbhushan attended the meeting.