Photogallery
Session on GST Day 2019
Name of the Event : Session on GST Day 2019
Date & Place : 1st July 2019 Visakhapatnam
Photo : (L-R) Mr. KVV Raju, Chairman, CII Visakhapatnam Zone, Mr G Sambasiva Rao, President, AP Chamber of commerce, Mr Manga Babu, IRS, Principal Commissioner (Appeals), Mr M V V Satyanarayana, Member of Parliament - Visakhapatnam, Mr B. Hareram, IRS, Chief Commissioner, Mr D. K. Srinivas, IRS, Principal Commissioner,
CII Visakhapatnam Zone & Central Tax organised a session on GST held on 1st July 2019.
The Vizag GST Zone has clocked a revenue of 14,099 crore in last financial year, registering a growth of of 31% when compared to the ?8,088 crore generated in the 2017-18 fiscal. Tax base in Andhra Pradesh had shown a 24% increase from the 2017-18 fiscal, with more than 4,38,309 GST taxpayers on the record.
In order to facilitate the Trade and Industry, 45 GST Seva Kendras are operating in the Vizag Zone.
A dedicated helpdesk for the MSME sector is also functioning at Autonagar at Vizag Zone.
Refunds to taxpayers, Central GST Zone has been in the forefront in sanctioning and disbursing of refunds to the taxpayers. Around 991.19 crore has been sanctioned as refunds towards the accumulated input tax credit (ITC) and excess cash deposits. Export related refund of 867.63 crore has also been sanctioned in the zone. Return filing compliance has been put at around 82%.
Mr M.V.V. Satyanarayana, Member of Parliament and Mr B Hareram, Chief Commissioner, Central Tax – AP and Mr KVV Raju, Chairman, CII Visakhapatnam Zone addressed the session. To encourage the trade and industry for their contribution, eight taxpayers were selected from Visakhapatnam CGST Commissionerate for awarding certificates of appreciation. The sector-wise list of recipients include RINL and HPCL (large), Visage Holdings and Finance Pvt. Ltd (medium), Vidya Constructions Works (medium), Nagesh Anumalisetty, Ratti Ram Thakur (small), Kantipudi Jaya and Gowthamkrishna Jewellers (micro).
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