Thursday, October 4, 2012

FAPCCI requesting the Govt. to remove VAT on diesel

The Federation of Andhra Pradesh Chambers of Commerce & Industry in association with office of the Commissioner of Commercial Taxes, Government of Andhra Pradesh organizing an interactive meeting on “Value Added Tax, Professional Tax and Other Enactments” today (October 04, 2012) at Federation House, Red Hills, Hyderabad. Mr. Suresh Chanda, IAS, Commissioner of Commercial Taxes, Government of Andhra Pradesh was the Chief Guest for this occasion.

Mr. Devendra Surana, President, FAPCCI, Mr. Srinivas Ayyadevara, Senior Vice President, FAPCCI, Mr. Shiv Kumar Rungta, Vice President, FAPCCI, Mr. Ravindra Modi, Chairman, Trade & Commerce Committee and Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI are the other speakers at the occasion.

Mr. Devendra Surana, President, FAPCCI requested the Chief Minister and Government to remove the VAT on diesel, to strengthen the industrial sector in Andhra Pradesh. Because of uncertainty in the State and power problem, industry and commerce is suffering a lot- he said.

Mr. Devendra Surana in his welcome address stated that the Commissioner is very simple and very straight forward; he gives an immediate clarifications or guidance to us through mail. Commercial Taxes contributes more than 65% to the State Revenues. The department endeavors to transform into an enterprise friendly entity by introducing e-Registration, e-TP, e-Returns, e-Payments, e-Waybills and so on. And he also stated that we as the chambers look forward for implementation of GST Mr. Surana said.

Mr Suresh Chanda, IAS., Commissioner of Commercial Taxes, Government of Andhra Pradesh in his address stated that it is always good to have interactions between trade bodies and Department. He informed that when once the dealer is filing returns through online, there is no necessity of paper filing. With regard to filing of Profession tax returns before 10th of succeeding month, he stated that he will recommend to the government for 15th. He said that the ordinance on textiles is waiting for the signature of the Hon’ble Governor of AP on 1% tax issue.

He informed that the department has taken many simplification measures like efiling of returns, e-Way bills and streamlining the Check Post etc. He has clarified many queries raised by members of FAPCCI.

Mr. Ravindra Modi, Chairman – Trade & Commerce Committee in his introductory remarks appealed to the Commissioner, that one of the representatives of FAPCCI may be considered in the Advance Ruling Authority for better understanding as in the case of State Level Committee (SLC) for industrial incentives.

He also stated, that FAPCCI is willing to conduct an awareness programmes along with Commercial Taxes Department at district level on a regular basis for better compliance of tax laws, minimizing disputes, sorting out the e-filing problems and other administrative issues.

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