Wednesday, July 24, 2013

A delegation of united cycle & Parts Manufacturers Association


A delegation of united cycle & Parts Manufacturers Association met the Deputy Excise & Taxation Commissioner Ludhiana Sh. Rishipal Singh PCS , invited the industry representative Today to resolve the issues regarding E-Tripping .

The association has brought to the notice of the DETC that transaction made in this respect can't be called as foolproof as every can know about the transaction of any one put on the website of the department about e-trip. There is no benefit of e-trip for the dealers as there is no privacy of e-tripping billing so it should be withdrawn.

The second point was regarding vat refund which is lying pending with department on pretax of fourth stage verification which totally wrong and even under section - 57, there is penalty of Rs. 5000 if anyone is doing fake billing. In view of this it was requested fourth stage verification should not be demanded by Excise & Taxation department which is against the vat act and illegal.

Sh. Gurmeet Singh Kular suggested / reminded that a complete data of dealers registered with the department in state should be entered uploaded on website of the department so that the businessman could know about the party with whom they are going to have dealing so that at later stage they will have not face any problems in this respect.

In the meeting following members were present : Sh. Manjinder Singh Sachdeva, President BRADO, Sh. Jagatvir Singh President Ludhiana Bicycle & Engineering Park and Sh. Rajeev Jain President Laghu Udyog Bharti Ludhiana.

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