July 3rd, Srinagar: In order to ensure that companies in Kashmir are able to comprehend and comply with the Goods and Services Tax (GST) regime, AP Vicky Shaw, chairman of the PHD Chamber of Commerce and Industry Kashmir, has requested that the GST Department give considerable handholding to enterprises.
According to a statement released after the event, Shaw thanked the commissioners and taxing officials for their attendance and expressed appreciation for their help in addressing issues faced by local businesses.
Shaw emphasised the need for substantial handholding from the GST administration in order to help companies efficiently navigate the complexity of the GST system.
The Chairman emphasised the need of constant communication and cooperation between the GST office and the many groups who would be affected by the tax. An atmosphere friendly to open compliance and efficient problem solving may be created via a more collaborative effort, it was emphasised.
The Chairman finished his speech by expressing hope that enterprises can successfully traverse the changing regulatory environment by mutual collaboration and handholding, aided by the GST department. The statement expressed optimism that the event’s cooperation between the government, merchants, federations, and chambers will lead to an inclusive and thriving economic environment.
On the occasion of GST Week festivities, the Chairman of the PHD Chamber of Commerce & Industry Kashmir was joined by the previous Chairman, Baldev Singh Raina, the Convenor of the Handicraft Committee, Sajad Shah, and the Deputy Director of the PHDCCI, Iqbal Fayaz Jan.
