Indore : Madhya Pradesh government, which as reluctant earlier in implementing the Goods and Service Tax (GST) in state, is seems to be willing to enforce the tax system in the State. States finance minister Jayant Malaiya on Thursday hinted at his intention saying, “We believe in federal system.” He has called a high-level meeting on Saturday at Bhopal to discuss the issue.
The finance minister’s indication came just before the summing up of a meeting called to invite suggestion for the next state budget.
Malaiya convened the meeting of manufacturers, business associations and tax practitioners at the Commercial Tax commissioner’s office. He said, “Earlier we opposed the introduction of GST and there was no consensus on the issue with the Central government.” High level sources said that the finance minister has called a high-level meeting of GST experts and officials of his department at Bhopal on Saturday. The meeting will be attended by Commercial Tax commissioner Amit Rathor, Principal Secretary (Finance) Ashwini Rai, additional commissioner Anil Kumar Mishra, advocate PD Nagar and Sachin Bhai.
Manufacturers and their association had a meeting with the finance minister from 10.30 am to 1.30 pm. In the afternoon, he held meetings with tax practitioners and CAs. Representatives of Tax Practitioners Association, Commercial Tax Practitioners Associations, CA Association, Tax Consultants Union of Khargone and Barwani also attended the meeting. The representatives of tax practitioners and business associations and manufacturers were called from four districts – Indore, Ujjain, Ratlam, Khargone and Barwani. Association of Industries of MP president Hemant Mehtani said “We have presented a detailed representation about tax reforms to finance minister Malaiya.”
Malaiya appreciated tax practitioners
During meeting with tax practitioners, Malaiya appreciated their attitude. He said, “It is appreciable that advocates are not demanding to reduce the tax rates, but they are suggesting about improvement in the procedure.” Renowned tax practitioner of Indore advocate Rajesh Joshi said the meeting was very cordial and fruitful.