Chief Minister K Chandrashekhar Rao has instructed the officials concerned to organise awareness conferences across the State among people and businessmen, besides removal of fears and apprehensions, over the newly introduced Goods and Services tax (GST) by the Centre.
Rao wanted these conferences to be held on July 5, 6 and 7 in 91 circles under the Commercial Taxes Department spread across the State. During a review meeting at Pragathi Bhavan on Monday on the effects of GST, the Chief Minister directed the officials to clarify doubts among the traders, businessmen and general public on the GST and also inform them on the
functioning of the GST and explain the tax slabs, besides its implementation procedure to businessmen, during the awareness campaigns.
“The Centre has decided to implement the GST throughout the country. All States have to implement it and we are also implementing it,” the Chief Minister said during the meeting. He highlighted the positive points on the implementation of GST. Businessmen whose annual turnover is below Rs 20 lakh need not pay any tax. For those having turnover between Rs 20 and Rs 75 Lakh, the tax is only one per cent and this is a good sign, said Rao during the meeting.