Traders seek postponement of online filing of VAT details

Trade and industry here have appealed to the State Government to postpone implementation of mandatory online filing of documents and e-payment for Value Added Tax (VAT).

The Total Solution Project of the Commercial Taxes department should be postponed till the elections get over. “We will be able to explain our problems to the newly-elected Government and the project can be implemented then,” said D. Nandakumar, president of the Indian Chamber of Commerce and Industry, Coimbatore.

According to an official of the department, the solution will be implemented from April 1 and all transactions will have to be online for movement of goods. The department has been conducting awareness programmes for the members of various industrial associations in the district. For movement of goods, raw materials to finished products, even if it is from one street to another, there should be an online entry for it. Similarly, payment of VAT will go online. This is applicable to all VAT assessees. In case of any problem in registration or uploading of information, the assessees can contact the helpdesk or the officials concerned in the department.

“Only when we attended the training programmes on the Total Solution Project did we realise the difficulties in adopting it. The associations have submitted their demands to the Commercial Taxes Department several times in this regard,” said Mr. Nandakumar. For instance, heavy vehicles have time restrictions for movement within the city. Industries and dealers will have to file the documents when the vehicle leaves their premises. There are micro units that do job work. They do not have a computer and might buy some products from another job-working unit. They will also have to file the documents online. Further, almost 60 per cent of the existing assessees have registered but they have not received any acknowledgement, he says.

As many as 38 trade and industry associations have joined hands now to press their demands. There are a lot of anomalies in the system and these should be set right before implementation, he adds.

TASMAC Employees Withdraw Indefinite Protest in Tiruppur

TASMAC employees in Tiruppur have withdrawn their indefinite shop closure protest after receiving assurances from Prohib...

Union Minister Suresh Gopi Reviews Key Oil, Gas Pipeline Projects at High-Level Meeting in Coimbatore

Union Minister of State for Petroleum & Natural Gas and Tourism Suresh Gopi reviewed the progress of the Irugur–Devanago...

Senior Journalist L. Rajagopal Selected as Part of Anti-Ragging Committee at DJ Academy of Design

The committee comprises representatives from various fields including education, police, parents and students, and journ...

Goondas Act Invoked Against Two Accused in Sulur Girl's Rape and Murder Case: IG Ramya Bharathi

In Coimbatore, Goondas Act has been invoked against Karthik and Mohankumar, the two accused in the Sulur Pallapalayam 10...

Coimbatore Sanitary Worker’s Integrity Shines as Gold Chain Promptly Returned to Owner

A Coimbatore Corporation sanitary worker Sakthivel from Ward 69 discovered a 3-sovereign gold chain accidentally discard...

Sulur Girl Sexual Assault and Murder Case: PIL Seeks Special Investigation Team Probe

A public interest petition has been filed in the Madras High Court seeking a Special Investigation Team (SIT) probe into...