In a bid to clear the doubts and bust myths surrounding the newly-implemented Goods and Services Tax (GST) system, Haryana Government has decided to organise seminars at every district headquarters in the State in the next one week.
These seminars would be attended by representatives of manufacturing associations, traders, Chartered Accountants, 34 empanelled service providers and elected representatives of respective areas, said Additional Chief Secretary, Excise and Taxation Department, Sanjeev Kaushal.
Kausal, while talking to the mediapersons after a seminar on GST organised here said detailed discussion regarding GST system would be held in these meetings to clear all doubts and make people aware about the benefits of the system. A similar seminar held three days ago was attended by Chief Minister Manohar lal, all other Ministers and Administrative Secretaries of all Departments, said he.
Replying to a question on affect of GST regime on farmers, he said that phosphorous fertilisers contain several elements such as phosphoric acid, which are taxed separately. As per the report of tax research unit, while earlier 7.25 per cent to 9.25 per cent tax was levied on fertiliser, this has now been reduced to five per cent, said he.
“We expect that prices of fertilisers would be more reasonable in future,” he added.
On being asked about GST impact on agriculture, tractor and fertiliser, Kaushal said that some information in this regard is missing. The GST Council has fixed tax rates for tractor parts to be used only in tractors at 18 per cent, and those which could be used in other machinery at 28 per cent.
At the time of fixing slabs, goods were placed in the tax band nearest to the sum of the Central Tax, Value Added Tax (VAT) and embedded tax charged on them earlier. Therefore, tax rates on most goods have reduced, he said.
He added that review meeting of GST Council would be held on August 5, in which the Council would take several decisions regarding implementation of the system.
