ITANAGAR, Apr 19: Arunachal will immensely benefit through Goods and Services Tax (GST) regime, which will be implemented across the country on July 1, Chief Minister Pema Khandu said today. 

“GST, which is a destination based tax, will increase the tax revenue of a consumer state like Arunachal," he said during the 5th departmental review meeting of Tax, Excise & Narcotics department. 

The Chief Minister who is also the Minister for Tax and Excise predicted huge jump in total revenue collection from the provisional figure projected at Rs 636 crore for the current financial year. 

After the implementation of GST, the projected growth of excise revenue is likely to increase to Rs 250 crore in the current financial year from the previous year’s figure of Rs 105 crores, Khandu said.   

“94% of our state’s own resource comes through Tax and Excise department,” he said and appealed the department officials to gear up to work under the new tax regime so that they may contribute immensely in raising the taxation revenue of the government. He specifically urged them to work with the businessmen, to make them aware of the new taxation laws. 

“Tax and Excise department used to be labelled as corrupt department - but that will be a story of the past once the GST is implemented,” said Khandu and expressed confidence that GST will make business more transparent and the new tax system would end corruption to a great extent. 

He also spoke on several key challenges in successful implementation of GST in the state.  

“IT connectivity issues remain the biggest challenge,” said the Chief Minister, and pointed out that the state is facing great hindrances while preparing for IT infrastructure due to difficult terrain. 

Khandu informed that the state government has sought the Centre’s intervention for providing temporary IT facilities through Very Small Aperture Terminal (VSAT) services in remote locations where cable connectivity is difficult to reach at the earliest.  

Also to make the department efficient to implement GST, the Chief Minister assured on meeting manpower shortage that was highlighted by Tax and Excise Parliamentary Secretary, Tapak Taku in his speech earlier. Khandu announced that in the cabinet meeting to be held in May, he would approve for more post creations. 

The welcome address was delivered by Commissioner, Tax and Excise, Marnya Ete. 

 

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Kenter Joya Riba

(Managing Editor)
      She is a graduate in Science with post graduation in Sociology from University of Pune. She has been in the media industry for nearly a decade. Before turning to print business, she has been associated with radio and television.
Email: kenterjoyaz@easternsentinel.in / editoreasternsentinel@gmail.com
Phone: 0360-2212313

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