06-12-2021: A Delegation of Bari Brahmana Industries Association Jammu under the Chairmanship of Sh. Lalit Mahajan, Co-Chairman Federation of Industries, Jammu & President, Bari Brahmana Industries Association in the presence of Sh. Vivek Singhal, Treasurer of BBIA Association met Sh. Mahesh Kumar Rastogi, Principal Commissioner, CGST, Jammu & Sh. Rakesh Kumar, Additional Commissioner, Income Tax Department, Jammu in the Outreach Programme organized by CGST, Jammu & Income Tax Department, Jammu and highlighted the various issues related to the Industrial Sector of J&K for early resolution.
During the course of discussions, Mr. Lalit Mahajan draw the kind attention of Sh. Mahesh Kumar Rastogi, Principal Commissioner, CGST, Jammu in respect of Pending refund cases of Inverted Tax Credit, Delay in the release of Sanction Orders in respect of refund of IGST/CGST under the Budgetary Support to Industrial Sector, E-way Bill issue for the dispatch of Goods to Hilly Areas due to Road Blockage and other unforeseen circumstances in J&K.
Sh. Lalit Mahajan also draw the kind attention of Sh. Rakesh Kumar, Additional Commissioner, Income Tax Department, Jammu in respect of Enhancement of Exemption Limit from the preview of Audit for the Sale Turnover upto Rs. 500 Lacs for Micro & Small Scale Units on the Gross Sales Turnover, Mismatch of TDS Credits issue related to old cases prior to Online submission of Returns by the Assesses resulting in unnecessary harassment being faced by the Industrial Units, Difficulties being faced for One filing of Form No.5 while uploading the Returns, Refund of Excess Tax Deposited
Sh. Mahesh Kumar Rastogi, Principal Commissioner, CGST, Jammu & Sh. Rakesh Kumar, Additional Commissioner, Income Tax Department, Jammu assured the Delegation to resolve the issues on a priority basis which will provide great relief to the Industrial Sector of J&K.