Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: VAT RATES :: due date for vat payment :: empanelment :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: cpt :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: VAT Audit :: form 3cd :: list of goods taxed at 4%
 
 
Service Tax »
 Step by Step Guide for GST Enrolment for existing Central Excise / Service Tax Assessees
  Smart things to know about income tax refunds
 Further clarification to Circular No. 1/2017 - GST dated 21st July, 2017.
 GST Return Filing: How to handle discounts and additional cost
 GST base looks set to be at least 25% wider than earlier tax regime
 Businesses struggle with multiple tax rates, returns
 Common use items exempt from e-way bill provision under GST
 Goods And Services Tax Sends Taxes Racing
 How GST lesson can unleash untapped potential of education sector in India
 Services sector PMI falls most in 4 years on GST
 Missing column in GSTR 3B form leaves input claims a shaky edifice

Commercial taxes dept to be fully computerized by March
December, 17th 2011

Thanks to the Centre's move to have a common Goods and Service Tax (GST) regime from the next fiscal across the country, Bihar government has come under pressure to achieve 100% computerization of its commercial taxes department to ensure e-governance.

Deputy CM Sushil Kumar Modi pointed on Friday at an interface organized jointly by the World Bank and Bihar commercial taxes department.

The representatives of commercial taxes department of Gujarat, Maharashtra, Kerala and Orissa presented the achievements made in this regard in their respective states.

"We are committed to achieve full computerization of our commercial taxes department by March 31 next year," Modi said, adding: "Bihar, with the old mindset of its traders and officials, cannot afford to remain isolated in the country. The two parallel systems of manual work and computerization cannot work. The old mindset has to change."

Vinod Advani from Gujarat, Vikas Kulkarni and Rajendra Bhagat from Maharashtra, Murukesh Kumar and T Balu from Kerala, as well as P K Patra and Sahdeo Sahu from Orissa presented aspects of the effective changes brought out by e-governance in their respective states.

The theme of the interface was 'E-governance in commercial taxes department'.

"In our state, if any trader, businessman or dealer visits the commercial taxes department in connection with any official work, then we penalize them," said Advani from Gujarat, adding that e-registration, e-return and e-payment had come into force in his state.

Modi said computerization of the Bihar commercial taxes department had started in 2007, like in other states, but by now (2011) several states had achieved full or 80% computerization.

In 2007, only 37 dealers had computerized their operations in Bihar, but their number had increased to 7,000 now. Modi added that Bihar had 45,000 big dealers paying taxes, but only 5,000 of them had been filing e-returns.

"It is a matter of serious concern. The department has to augment the capacity of its server," Modi said.

By now, five banks - State Bank of India, Punjab National Bank, Bank of India, Bank of Baroda and Central Bank of India - are accepting e-returns filed by Bihar traders, which, despite constraints, was a positive sign.

"We have written to the RBI to remove the bottlenecks in this regard in Bihar," Modi said.

He also said that the report submitted by Nandan Nilekani-headed committee had recommended setting up of common GST Network ( GSTN) portal for the country for centralized data exchange under the GST regime, implying that Bihar traders had to comply with e-governance for more efficient business activities in the country.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Enterprise Resource Planning Solutions ERP Solutions Enterprise Resource Planning Software Solutions ERP Software Solutions Supply Chain Management Solutions SCM Solutions Supply Chain Management Software Solutions SCM Software Solutions Enterprise Resource Planning Solutions India ERP Solutions India Enterprise Resource Planning Software Solutions India ERP Software Solutions India Supply Chain Management Solutions India SCM Solutions India Supply Chain Management Software Solutions India SCM Software Solutions India

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions