December 12, 2024 04:49 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Donald Trump vows to eliminate birthright citizenship after taking charge | No alliance with Congress in Delhi polls: AAP chief Arvind Kejriwal | Bengaluru techie's suicide: Atul Subhash's wife and her family booked | Bengaluru techie's suicide: Atul Subhash's wife and her family booked | INDIA bloc to knock on Supreme Court's doors over alleged EVM manipulation during Maharashtra polls | 'Babri Masjid should be rebuilt in Bengal's Murshidabad': TMC MLA Humayun Kabir sparks row | Rajnath Singh calls on Russian Prez Vladimir Putin in Moscow, discusses bilateral defence cooperation | Police to investigate conspiracy angle in Mumbai bus accident that killed 7 | Mamata Banerjee should lead INDIA bloc: Lalu Prasad Yadav | Opposition moves no-confidence motion against VP Jagdeep Dhankar in RS

Himachal Pradesh passes GST amendment bill

| @indiablooms | Dec 13, 2019, at 05:08 pm

Tapovan, Dharamshala, Dec 13 (UNI) The Legislative Assembly of Himachal Pradesh on Friday unanimously passed the Goods & Services Tax Amendment bill 2019 with voice vote.

Chief Minister Jai Ram Thakur who hold the portfolio of Finance presented the legislation to amend the Himachal Pradesh GST Act 2017 to make it more effective, workable and affable.

Speaking on the bill, Chief Minister said that bill proposed to change the few sections of the parent act to provide an alternate composition scheme for suppliers of services or mixed supplies who are not eligible in the earlier composition scheme.

Suppliers having annual turnover Rs 50, lakh per annum would be eligible for the composition schemes. According to the existing provisions, suppliers who are making supplies of good of aggravated annual turnover above Rs 20 lakh have to register for GST registration with existing provisions now being exempted upto Rs 50 lakh.

A provisions are also being made that a class of suppliers shall mandatory offer the facility of digital payments to the recipients.

Some amendments are also being made with regard to the provisions of filling various returns under the Act to make this more practice and convenient.

The bill was passed without any discussions by voice vote unanimously.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.