GST: Bizmen hail separate head for taxation

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In a first-time move, Punjab government has appointed separate chiefs for excise and taxation charge. On Saturday, the government-appointed Nilkanth S Avhad as the taxation commissioner, Punjab, while Rajat Aggarwal has been appointed as the excise commissioner, Punjab. Earlier, there used to be one top boss for taxation and excise portfolios, who was designated as excise and taxation commissioner, Punjab.

Meanwhile, the move to appoint a separate head for the taxation department is being widely hailed by the taxation professionals and city businessmen, as according to them this will help in the resolution of taxation related issues at a faster pace. Earlier, the excise and taxation commissioner had the double responsibility of looking after both charges, which have equal workload. City businessmen are demanding that the taxation commissioner’s first priority should be to resolve the issue of processing of pending GST refunds.

According to Sumit Sharma, an electricals trader, “It is really a great move and we now have a separate top boss for taxation in the state. The move will definitely help resolve the taxation related issues faster. As till now, the top boss had both responsibilities of excise and taxation as well and there was a huge workload under both the charges. We are hoping that the new taxation commissioner, Punjab, will resolve the issue of pending GST and VAT refunds on priority as this is the biggest problem being faced by the taxpayers.”

Rajesh Mahajan, a hardware trader, said, “Both taxation and excise are very wide subjects with almost equal work in both. There are huge problems being faced by the taxpayers across the state as far as taxation is concerned, so having a separate head for the taxation will bring more promptness in the formulation and implementation of the policies related to taxation matters.”

According to Sanjeev Gupta, a food products manufacturer, “The state government has taken a very big initiative in the right direction for the tax payers and we welcome it. However, it is our request to the newly appointed taxation commissioner to streamline the process of disposing of GST refunds and also expedite the pending VAT and GST refunds and give relief to the taxpayers.”

Read More at: https://timesofindia.indiatimes.com/city/ludhiana/bizmen-hail-separate-head-for-taxation/articleshow/76375870.cms

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