CCI seeks extension in date to file GST-R 3B, migration from VAT to GST

TNN Bureau. Updated: 8/15/2017 1:53:59 AM Jammu and Kashmir

JAMMU: The Jammu Chamber of Commerce & Industry (JCCI) today demanded extension in last date for filing of GST-R 3B forms and also for migration date from VAT to GST for at least one month.
A meeting of office bearers of the Chamber was held here under the Presidentship of Rakesh Gupta to discuss the problems being faced by trade and industry post implementation of GST in the State of J&K and after serious deliberations an urgent communication was sent to the Chairman GST Council, New Delhi and J&K Finance Minister, Dr. Haseeb A. Drabu.
In its communication sent to GST Council, New Delhi, the JCCI demanded that the last date to file GST- R 3B be extended and also the migration date from VAT to GST on account.
It was stated that rest of India started gearing up to switch over to GST regime since September last year but because of political compulsions it was not certain that GST will be implemented here or not and it was only after the notification on July 8 that the process of awareness campaigns and migration from VAT to GST started.
The migration process from VAT to GST is still going on and large number of assesses are still to do the same, the Chamber further stated, adding, that the notification for special incentives to the industrialists in the State of J&K has yet to be issued by both Government of India and the State Government, which were available under the VAT regime, in the absence of which industrialists will not be in a position to file any such returns.
In another communication sent to Dr. Drabu and Commissioner, Commercial Taxes, J&K, the Chamber requested that the last VAT return from July 1 to 7 should be necessarily filed by the assesses at an early date so that the benefit of claiming input credit on closing stock is allowed but there is utter confusion regarding filling date of such returns.
The Chamber demanded issuing of a separate notification in this regard at the earliest stating the last date of filling this return.
Among those present in the meeting included Rajesh Gupta, Senior Vice President, Rajeev Gupta, Junior Vice President, Manish Gupta Secretary General, Gaurav Gupta Secretary and Ashu Gupta, Treasurer.


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