STD holds dealers meet, lay focus on revenue argumentation, 100% return compliance

Jammu, July 19: Additional Commissioner State Taxes Administration & Enforcement, State Taxes Department (STD) Jammu, Namrita Dogra today chaired a dealers meet with taxpayers of Circle L- Jammu and reviewed first quarter’s financial position of fiscal year 2024-25 ending this June.

The meeting also deliberated on devising a strategy for revenue argumentation during remaining three quarters and ensure 100% return compliance.

State Tax Officer, Circle-L, Kusum Gupta; State Tax Officer, Ruchi Gupta; State Taxes Officer Additional Commissioner, State Taxes Roopali Sadotra, representatives of taxpayers dealing in trade like automobiles, work contracts, builders, oil, paints & varnishing, service sector, consultancies and retail sector were also present in the meeting.

The meeting was held under guidance of Commissioner State Taxes Department, P K Bhat under ‘Know Your Dealer’ initiative, launched to increase communication of circle level officers with the taxpayers to know their trade specific grievances and shortfalls. The meeting pivotal for getting feedback from taxpayers and to make them aware of the consequences of non-compliance and tax evasions with a view to create deterrence amongst the taxpayers.

Speaking on the occasion, Additional Commissioner appreciated the taxpayers for travelling all the way from different parts of country to attend meeting. She stressed on 100% return compliance and clearing all the blocked payments.

She also encouraged the business representatives to openly share their grievances at appropriate forums. The taxpayer’s were also advised to keep their stock position and sales align with tax statements to ensure transparency.

During the meeting, STO Circle-L, Kusum Gupta briefed the meeting about agenda of meeting and introduced the dealers. One to one discussion was held with each representative to assess the tax position in Jammu and Kashmir, as well as nationally.

On the spot directions were also issued to non-compliant dealers to clear their ITC reversals and mismatches, blocked of tax amount or any dispute shown in tax books.