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Business

We must respect the wealth creators – Bheemashankar Chief Commissioner, Nagpur Zone (Customs & GST)

by TLN Team September 5, 2019October 7, 2019
written by TLN Team September 5, 2019October 7, 2019
We Must Respect the Wealth Creator Bheemashankar Chief Commisioner

An outreach and awareness Program for “Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019”, was recently conducted by CGST & CX, Nagpur at GST Bhawan, Telankhedi Road, Nagpur. This program was organized jointly with the WIRC of The Institute of Chartered Accountants of India (ICAI). The scheme is a one-time amnesty scheme to clear all pending disputes and litigations, by giving relief in taxation up to 70 % and waiver of interest and penalty.

Chief Commissioner, H R Bheemashankar urged that “We must settle the legacy issues – Look Ahead and Go Further”. He further stated that CA’s are the lifelines between Trade and Department and both Department and Chartered Accountants need to work together for benefit of the trade community. “Chartered Accountants are the friends, philosophers, and guides of Business Community,” said Chief Commissioner, Nagpur Zone (Customs & GST) H. R. Bheemashankar while speaking at GST Outreach and Awareness Program recently.

The Central Government has in its agenda to clear all pending litigations and with this vision in mind a very novel scheme for amnesty for service tax and central excise assesses is being notified from September 01, 2019 to be called as “Sabka Vishwas (Legacy Dispute Resolution Scheme) 2019. Chief Commissioner, H R Bheemashankar urged all the taxpayers to come forward, resolve all the legacy disputes and avail the benefit of this flagship scheme of the government.

P.K. Agrawal, Principal Commissioner, Nagpur-I Commissionerate (Customs & GST) stated the figure of pending litigations at Central Excise and Service Tax was pegged at 3.78 lakh Crores. He further stated that the scheme is in line with the slogan given by the Prime Minister, “Sabka Saath, Sabka Vikaas, Sabka Vishwas”. He urged all Chartered Accountants present to “Be a part in Nation Building” by supporting and getting the benefits of this scheme passed on to all eligible taxpayers.

Agrawal invited suggestions from the members of trade/ industry and tax consultants for making the scheme a grand success and assured that all assistance would be provided to the taxpayers. This is a positive scheme and he assured full support from the Department regarding any queries/assistance to all the taxpayers, he confirmed. It’s a hand holding scheme by Government wherein taxpayers can get rid of onerous tax liabilities by paying very little. Mr. Agrawal invited suggestions from the business community regarding the scheme and assured that all assistance would be provided to all the taxpayers.

Sanjay Rathi, Commissioner Nagpur-II (Customs & GST), termed the Sabka Vishwas Scheme as an opportunity not to be missed. While explaining the benefits of this scheme, Mr. Rathi pointed out that the Sabka Vishwas Scheme is like a sale offer by the Government. Come, Pay and clear all litigations. He assured full support of the department in making this scheme a big success.

Joint Commissioner, Nagpur Zone (Customs & GST) Mukul Patil gave a detailed presentation on the “Sabka Vishwas (Legacy Dispute Resolution Scheme) 2019”. While describing the salient features of this scheme he pointed out that there is no concept of disputed / undisputed dues under this scheme and all liabilities can be cleared by opting under this scheme.

Sandeep Puri, Commissioner (Appeals) graced the dais on this occasion and assured full support of the Department in all pending litigations.

CA Kirit Kalyani, Vice Chairman, Nagpur Branch of WIRC of ICAI assured the revenue authorities, that Chartered Accountants are working shoulder to shoulder with the department to ensure effective compliance of the provisions and policies framed by the authorities. He thanked the Chief Commissioner H. R. Bheemashankar and his team along with CGST and CX Department, Nagpur in conducting this Outreach and awareness program.

On this occasion queries of CA Members on Annual Return, GST Reconciliation Scheme and other areas were also answered by Suresh Rayulu, Superintendent, GST Department.

Formal Vote of Thanks was proposed by CA Saket Bagdia, Secretary of Nagpur Branch of ICAI.

Prominently present on the occasion were CA Akshay Gulhane, Executive Committee Member, CA Satish Sarda, CA Milind Patel and a large number of Chartered Accountant Members and Departmental Officers.

Get the latest Nagpur Business news and updates about the city’s economy, business, and market. For exclusive & live updates from Nagpur, stay connected with THE LIVE NAGPUR.

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