Wednesday, February 5, 2025
HomeFinancePunjab Finance Minister opposes any enhance in GST on training associated items...

Punjab Finance Minister opposes any enhance in GST on training associated items : The Tribune India

Date:

Related stories



Tribune Information Service

Chandigarh, December 17

Describing any enhance in GST on items associated to training a step towards the pursuits of the scholars, Punjab Finance, Planning, Excise and Taxation Minister Harpal Singh Cheema on Saturday opposed the proposal of contemplating the GST on pencil sharpeners at 18 p.c as an alternative of present slab of 12 p.c, whereas collaborating within the forty eighth assembly of the GST Council by video conferencing. The purpose raised by the Punjab Finance Minister was additionally supported by the representatives of many different states, after which the choice on this regard was deferred.

Agreeing on the varied advice made by the Fitment Committee which meet the pursuits of each state and nation, Cheema gave precious inputs throughout the GST Council assembly held below the management of the Union Finance Minister Nirmala Sitharaman, who’s the Chairperson of the GST Council.

Opposing one other advice relating to the change in GST charges for Ethyl alcohol provided to refineries for mixing with petrol, Cheema stated that it could create difficulties in checking the diversion of ENA to refineries and evasion of tax on the identical. Referring to the latest remark by the Supreme Court docket, the Finance Minister whereas expressing his disagreement on this regard, stated the Punjab Authorities has already waged a conflict towards unlawful commerce of ENA. He stated that it could be a problem to observe the tax on ethyl alcohol blended with motor spirit for refineries and curbing the misuse of ENA.

Disagreeing on one other agenda relating to the deletion of clause (d) of sub-rule (14) of Rule 138 relating to e-way payments, the Punjab Finance Minister stated this step would take away the ability of the state to find out the minimal threshold for inter-sate era of e-way invoice. “As a corollary, the state has already moved an agenda for empowering the states to prescribe e-way payments for sure items regardless of the edge,” stated Cheema, whereas including that this could be essential from the attitude of income of the state. The GST Council agreed to maintain the established order on this regard.


#Harpal Cheema





Supply hyperlink

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here