SRINAGAR, JULY
12: Much to the relief of businessmen, traders and industrialists
of the state, Advisor to Governor B. B. Vyas today ordered extension of GST
amnesty scheme by 30 days.
The decision was
taken by the Advisor during a meeting with the representatives of the Kashmir
Chamber of Commerce and Industry (KCCI). The trade body had sought
intervention of the Governor and had called on the Advisor for the same.
The Government
had earlier issued a formal order no 39-FD of 2018 dated 05-02-2018 and today
extended it further by 30 days on the request of the trade body.
During the
meeting with the representatives of the Chamber, Vyas said that amnesty scheme
provides for grant of amnesty for settlement of unresolved issues in the old
tax regime for smooth implementation of the Goods and Services Tax (GST).
He added that it offers an opportunity for all those traders who had
earlier failed to avail the benefits of the GST scheme.
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