Haryana Excise and Taxation Minister Capt Abhimanyu on Wednesday said that the State Government has implemented all the decisions taken by the Goods and Services Tax (GST) Council in its 23rd meeting held at Guwahati on November 10 to reduce tax on plywood, scientific instruments and agriculture implements.
Notifications have been issued in this regard by the State Government, he said.
The Minister said that the plywood goods, on which the tax has been reduced, included plywood, veneered panels and similar laminated wood. Similarly, the scientific instruments on which tax has been reduced, included binoculars, monoculars, other optical telescopes and mountings, other astronomical instruments and mountings but not including instruments for radio-astronomy, photographic other than cinematography cameras and others.
He said that agriculture instruments on which tax has been reduced included parts of agricultural, horticultural or forestry machinery for soil preparation or cultivation; lawn or sports-ground rollers, harvesting or threshing machinery including straw or fodder balers; grass or hay mowers; machines for cleaning, sorting or grading eggs, fruit or other agricultural produce.
Capt Abhimanyu said that the State Government has issued five notifications and these would be applicable from November 15. These included notification for the twelfth amendment to CGST Rules, 2017, to prescribe quarterly furnishing of Form GSTR-1 for those taxpayers with aggregate turnover of less than Rs 1.5 crore, to limit the maximum late fee payable for delayed filing of return in Form GSTR-3B from October 2017 onwards to Rs 25 per day.
He added that the government has also decided to extend the due date for submitting Form GST TRAN-1 and for revision of Form GST TRAN-1 till December 31, 2017.