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Aizawl, Sep 21 (PTI) The Mizoram government will make concerted efforts to enhance Goods & Services (GST) collection and expand the tax base in view of the current GST reforms, an official said on Sunday.
He said that the state government decided to collaborate with local councils to increase the number of traders and shopkeepers in state capital Aizawl and other parts of the state paying GST.
He said that a meeting of the Mizoram Resource Mobilisation Committee (MRMC), state taxation department and Aizawl City Local Council Association chaired by MRMC vice chairman Haukhuma Hauzel, on September 19, observed that many traders in Aizawl and other parts of the state despite their monthly income exceeding the GST requirement, avoid GST and did not comply with the registration requirement.
He said that the state government will take steps to address this issue and strengthen cooperation between the taxation department and local councils in identifying unregistered traders.
The state government hopes to increase GST collection if such collaboration or campaign prove successful, he said.
According to GST guidelines, traders with an annual turnover exceeding Rs 20 lakh are required to register for GST. PTI CORR RG
GST registration compliance drive to identify unregistered traders and broaden the tax base, increasing revenue mobilisation. The Mizoram government will strengthen collaboration between the taxation department, the MRMC and local councils to identify traders who meet GST registration criteria but remain unregistered, conduct identification and registration drives under existing GST guidelines, and thereby expand the tax base and increase GST collections.Press 'Enter' after typing page number.