FAIITA ap­prises In­dian Gov­ern­ment of Part­ners’ con­cerns on GST

The DQWeek (Mumbai) - - CLASSIFIED - DQW NEWS BUREAU Mumbai

Fed­er­a­tion of All In­dia In­for­ma­tion Tech­nol­ogy As­so­ci­a­tions FAIITA, a reg­is­tered na­tional um­brella body over all state IT fed­er­a­tions/ as­so­ci­a­tions, has writ­ten to the Cen­ter, their ex­pec­ta­tions from the gov­ern­ment on the forth­com­ing GST.

In a let­ter to the Gov­ern­ment, Saket Ka­pur, Gen. Sec­re­tary of the as­so­ci­a­tion has said that the na­tional fo­rum is rep­re­sent­ing di­rect busi­ness in­ter­ests of its’ 30,000 (thirty thou­sand) pan In­dia mem­ber-busi­ness or­ga­ni­za­tions, pur­su­ing busi­ness near­ing ` 20,000.00 Crores. The same has been shared by the as­so­ci­a­tion in their of­fi­cial group in the Face­book.

“Our mem­bers are pri­mar­ily from SMB and MSME sec­tor, spread across var­i­ous ge­ogra­phies of the coun­try, and have di­verse busi­ness port­fo­lio rang­ing from Im­porters, Man­u­fac- tur­ers, Re­gional Dis­trib­u­tors, Sys­tem In­te­gra­tors and Re­tail­ers of IT prod­ucts and ser­vices. Fac­tu­ally th­ese 30,000 mem­bers are beget­ting di­rect and in­di­rect em­ploy­ment to mil­lions of skilled and un­skilled man­power, and con­trib­ute sub­stan­tially to the state ex­che­quer through di­rect and in­di­rect taxes.”, the doc­u­ment reads .

While there are many cat­e­gories listed for by the as­so­ci­a­tion, some of the broad cat­e­gories sub­mis­sions on in­put tax credit of de­clared in­ven­to­ries of open­ing stock, sub­mis­sion on im­prac­ti­cal­ity of e-way Bill un­der GST, sub­mis­sion on re­quire­ment for mul­ti­ple, regime, sub­mis­sions on ra­tio­nal­i­sa­tion of GST Slab for all IT prod­ucts and sub­mis­sions on re­ver­sal of in­put credit availed.

Be­sides this, pres­i­dent of the as­so­ci­a­tion, Cham­pakraj Gur­jar, pres­i­dent of the na­tional as­so­ci­a­tion, says, the chan­nel fra­ter­nity in In­dia is un­der­go­ing a ‘wai­t­and-watch’ mode. Speak­ing about the new tax­a­tion, he said that the gov­ern­ment should come up with a crys­tal-clear clas­si­fi­ca­tion and re­solve the queries of the deal­ers.

Stat­ing that many GST ex­perts, par­tic­i­pat­ing in var­i­ous aware­ness ses­sions or­ga­nized by the var­i­ous as­so­ci­a­tions are not able to clar­ify the queries of the mem­bers. An­other is­sue, ac­cord­ing to him, the mem­bers are fac­ing are the stocks that are ly­ing with them for years. “Be­cause of the con­fu­sion in the mar­ket, the cus­tomer-fac­ing chan­nel part­ners are not stock­ing any prod­ucts and ful­fill­ing only bases on back-to-back or­ders.

He also said that it was the time the chan­nel in­dus­try was com­ing out of the im­pact of the cham­pak de­moni­ti­za­tion drive and sud­denly the GST an­nounce­ment has come. Gur­jar also added that the re­fund process in the duty con­ces­sions. “The cen­ter should also come up with spe­cial no­ti­fi­ca­tion pro­mot­ing the lo­cal man­u­fac­tur­ing of the IT and ITre­lated prod­ucts. And there should be an ex­ten­sion pe­riod for the liq­ui­da­tion of the ex­ist­ing ma­te­ri­als which at­tracts taxes like VAT, Oc­troi and more”, he said fur­ther adding that FAIITA is in full swing for the pro­tec­tion of the wel­fare of the mem­bers. “We had al­ready, through the sec­re­tary, had rep­re­sented the gov­ern­ment. If needed, we will not hes­i­tate to meet all the con­cerned de­part­ments and do the need­ful. I hope in this demo­cratic sys­tem, the gov­ern­ment will give us a pa­tient ears”, he con­cluded.

Cham­pakraj Gur­jar, pres­i­dent of the na­tional as­so­ci­a­tion

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.