GST outreach programme for oil industry
stakeholders, an initiative of Ministry of Finance & Ministry of Petroleum
and Natural Gas, Government of India, Department of Finance and Commercial
Taxes, state government and Oil Industry Odisha was held in Berhampur.
Special Commissioner of Commercial
Taxes, Ganjam, P .K. Sahoo was the chief guest of the programme.
Dharmendra Kumar Behura, senior regional Manager, LPG, HPCL delivered the
welcome address. Among others State Head Retail (Odisha & Jharkhand),
Bharat Petroleum Corporation Limited, Sri Debashis Palit , IOCL Sri Vikash
Agarwal , Sr. Manager Finance, Odisha State Office and other dignitaries from
oil marketing companies of Odisha were also present during the occasion.
1st of July 2017 is a moment of truth in
our quest for one nation, one market, one tax. GST is a win-win situation for
the entire country. It brings benefits to all the stakeholders of Industry,
Government and the consumer. It will lower the cost of goods and services and
gives a boost to the economy and makes the products and services globally
competitive. GST aims to make India a common market with common tax rates and
producers and remove the economic barriers thus paving the way for an
integrated economy at the national level.
The GST outreach programme was essentially
intended to bring all the stakeholders tax development of the central/state
governments and tax payers under one common platform. This programme also
provided an opportunity to the tax payers to seek necessary clarifications from
the commercial tax departments. Officers made a presentation on the various
aspects of GST and various issues relating to implementation of GST and
concerns arising out of the transitional provisions were discussed. GST is a
new regime where tax is reaching out to the tax payers.
MS (Motor Spirit), HSD (High Speed
Diesel), ATF (Aviation Turbine Fuel), Crude & Natural Gas are only out of
GST. Rest all petroleum products shall be covered under GST for example SKO
(Superior Kerosene Oil), LPG, FO (Furnace Oil), LDO (Light Diesel Oil) etc.
Ardhendu Hati, Manager Finance (Shared
Services),East, BPCL gave a presentation on GST and Vikash Agarwal, Sr. Manager
(Finance), Odisha State Office, IOCL gave the vote of thanks.