Wednesday, July 24, 2013

Today executive members of LAGHU UDYOG BHARTI

LUDHIANA -24-7-2013

Today executive members of LAGHU UDYOG BHARTI ,LUDHIANA HAD MEETING in which various issues were discussed regarding the industry specially E-trip It was seen that industry was not well equipped to fully use E-Trip which the government has imposed on six items , many small & micro industries do not have even computers and do not know how to operate so they are in doldrum how to use this process. Government has issued the notification to crub bogus billing which is supported by Laghu Udyog Bharti members but this process should first be properly guided to the industry. The danger of hacking of passwords of the industry is very high which can be used by the bogus billers.

In another issue four stage verification is highly condemn as law does not permit to do such verification, by this VAT refund of the members is struck with department which proves fatal for business as the capital falls short. Delegation of the industrial associations met the Deputy Excise & Taxation Commissioner Ludhiana Sh. Rishipal Singh PCS , Today to resolve the issues regarding E-Tripping & VAT.

Rajeev Jain , President of LUB, Ludhiana brought in notice of the DETC that transaction made in respect of E-trip can't be called as foolproof as every can know about the transaction of any one . There is no benefit of e-trip for the dealers as there is no privacy of e-tripping billing so it should be withdrawn.

It was requested fourth stage verification should not be demanded by Excise & Taxation department which is against the vat act and is illegal.

In the meeting following members were present : Sh. Vinod Jain (ex National President LUB),Sh. Dinesh Lakra, President Punjab LUB , Sh. Rajeev Jain President Laghu Udyog Bharti Ludhiana. Sh. Jagatvir Singh, Sh.Lalit Sharma, Sh. Neeraj Ghambir(Gen Sec LUB),Sh. Surinder Dhall, Sh. Yash Pal Gosain, Sh. Jatinder Mittal, Sh.Parduman Bhagat.

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