Addl. Comm., State Taxes Kashmir chairs review meeting of Circle I Kashmir
SRINAGAR: A review meeting to assess the performance of Circle I was chaired by Additional Commissioner of the State Taxes Kashmir, Shakeel Maqbool Yatoo.
The meeting threadbare reviewed the growth, cash positions, sale suppression, e-way bill performance, sector-wise analysis and comparative tax growth vis-à-vis last year’s same quarter.
It also held a detailed review of each taxpayer’s performance. Individual discussions were held, and several key points were addressed.
In the Automobile Sector Growth, the Taxpayers showing growth in the automobile sector were directed to enhance their growth further, considering the closures of other automobile units within the jurisdiction.
Some automobile sector taxpayers cited previous VAT and GST liabilities affecting their current capital position, which led to the Additional Commissioner expressing dissatisfaction with their cash position and instructing the STO to conduct stock checks.
