New Delhi: Delhi Deputy Chief Minister and Finance Minister Manish Sisodia meets representatives of trade unions of various markets in Delhi.
The passage of the Delhi GST Amendment Bill has benefited lakhs of traders of Delhi. Happy traders gave a vote of thanks to the Finance Minister.
Deputy Chief Minister Manish Sisodia gave detailed information about these 15 comments to the traders. He said that earlier traders had to undergo GST audit every year and now it will not be required.
The traders were facing a lot of trouble due to GST audit and they were also facing a lot of financial burden.
Earlier, when GST 3B was delayed, there was a rule of interest on the entire output tax. Now after changing section 50, interest will have to be paid only on net cash liability.
Earlier there was a provision of tax and penalty in case of stoppage or confiscation. Now the rules have been tightened to prevent evasion of GST by creating fake firms. This will also tighten the noose on the mastermind of the theft.
Deputy Chief Minister Manish Sisodia said that the Delhi government has been taking suggestions from the traders of Delhi from time to time and makes its policies on the basis of those suggestions.
He told the traders that the doors of the Delhi government are always open for them and traders can give their suggestions to the state government whenever they want.
GST expert CA Rakesh Gupta, who attended the meeting, said that 15 amendments were approved under the Delhi GST Amendment Bill in the Delhi Assembly last week.
For the last few days, there has been a lot of discussion among traders across Delhi regarding these GST elements. After these agreements, lakhs of traders will benefit greatly, due to which there is an atmosphere of happiness among them.
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