GST Day celebrated at Central GST Commissionerate
Dimapur, July 1: GST Day Celebration was organized by Central GST Commissionerate Dimapur on July 1 to mark five years since the roll out of GST.
Some of the top GST taxpayers of Nagaland under Central GST administration were felicitated at the programme held at Saramati Hotel Dimapur.
In his address, the Principal Commissioner, K Ashi Khieya IRS mentioned that going by the trend of revenue collection for Nagaland, there is huge scope for continuous growth.
At present there are 10,579 registered GST taxpayers in Nagaland which are administered by both Centre and State GST authorities. The total GST revenue collected for the state in FY 2020-21 was Rs.386 Cr while for FY 2021-22 was Rs.416 Cr which was an increase of around 8%.
He said for every rupee in the government coffer, 58 paisa comes from taxes, out of which GST revenue contributes 16 paisa for every rupee. He admitted that Nagaland may be lagging behind others in some ways but it also has a large pool of educated youth who are creative, innovative and impatient and one must channelize this vibrant force in the right direction for a rapid development of our economy. “But to bring this about we need to ensure a peaceful environment and create an investor friendly atmosphere,” he added.
Appreciation Certificates were presented by the Principal Commissioner to five taxpayers who figure among the top GST taxpayers of Nagaland under Central GST administration. They were appreciated for their timely filing of Returns and payment of tax liabilities and in acknowledgement of their contribution to nation building. The felicitated taxpayers were: M/s Chabou & Co; M/s Vilelie Khamo & Sons; M/s Nithin Sai Constructions; M/s Nili Motors; and M/s Methlow Konyak
The event was also attended by representatives from various trade and commerce associations including Business Association of Nagas, Dimapur Chamber of Commerce and Industry, and Young Indians, the youth wing of Confederation of Indian Industry, Nagaland.
(Page News Service)