LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS

Read in App
Business News » India News

Haryana receives 43 complaints related to GST benefits

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Updated: Tue, Oct 10, 2017
03:39 pm
PTI
RELATED NEWS
Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December
Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands
Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED
Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED    Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED
Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY! Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!

The Haryana government today said it has received 43 complaints of dealers not passing on to consumers the benefit of lower tax rates under the Goods and Services Tax (GST) regime.

"We have received 43 complaints so far in Haryana where benefits of lower tax rates under the GST regime were not passed on to consumers," state finance minister Captain Abhimanyu said while talking to reporters here today.

A state level screening committee on anti-profiteering will examine these complaints, he further said.

The GST law provides for constitution of anti- profiteering authority. "A mechanism has been put in place in Haryana to check any unauthorised profiteering committed by taxpayers in the name of GST," he further said.

"If a dealer does not pass on the benefits of lower tax rates under the GST, a complaint can be lodged against him," he said.

There are about 89 items on which the overall tax burden has come down as compared to the pre-GST regime, minister said.

"Further, there are 149 exempted items under GST on which no tax is levied. Only 17 per cent of the goods attract the highest rate of 28 per cent," he said.

The anti-profiteering mechanism was proposed to enable the benefit of lower taxation in the GST with the subsuming of over a dozen central and state taxes like excise duty, service tax and VAT and end to tax-on-tax, is passed on to consumers.

A state level screening committee has been set up comprising Rajesh Sanan, Commissioner CGST, Panchkula, and Vidya Sagar, Additional ETC, Haryana.

This committee was constituted to ascertain whether reductions in tax rates post rollout of GST have been passed on to consumers. Then this committee would send the consumer complaints to the Standing Committee which will examine the prima facie evidence within two months.

Upon receipt of evidence, the committee would send it to the Director General of Safeguards which will conduct detailed investigation within three months and send its report to the Anti-Profiteering Authority.

The authority will have the power to cancel registration of any entity or business if it fails to pass on to consumers the benefit of lower taxes under the GST regime, official said.

The minister said that the Department of Excise and Taxation along with the Central Board of Excise and Customs and district administration is conducting state-wide survey to obtain feedback and suggestions on various issues relating to implementation of GST.

Twenty-four teams comprising three senior officers have been constituted to carry out this survey in every district of the state. During the week-long campaign, the teams will reach out to taxpayers as well as consumers, he said.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
RELATED NEWS
Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December
Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands
Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED
Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED    Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED
Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY! Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!

LATEST NEWS

Big insurance decision by Modi government for these beneficiaries!

Budget 2021 Expectations LIVE: Check latest demands of India Inc. here

Budget 2021 Stocks With Anil Singhvi – Mazagon Dock Shipbuilders is a TOP stock to buy now, says expert Ambareesh Baliga

PUBG Mobile releases 1.2 APK Power version in Season 17 for global users | check download link and other details

Sabarna Roy’s seventh literary work “Fractured Mosaic” launching this February

Indigo Paints IPO Allotment Status: Check online at bseindia.com or kosmic.kfintech.com/ipostatus

7th Pay Commission latest news: Salary up to Rs 1.42 lakh plus DA, HRA; check this central government job offer at upsconline.gov.in

Poco M3 launch date in India revealed | Check expected features, specifications and other details

SBI, Yes Bank, ICICI Bank, ACC: Market Expert Sumeet Bagadia says buy these stocks now

BIG! Grievance Redressal in Banks: RBI issues framework for strengthening mechanism

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved