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Minister assures all possible help for smooth conduct of business | Coimbatore News

COIMBATORE: Minister for commercial taxes and registration department P Moorthy on Monday chaired a meeting with the representatives of traders’ associations and industrialists in Coimbatore and Erode region to understand their grievances related to commercial tax and the goods and services tax (GST).
The state government will extend all support to honest traders and take action against dishonest traders, the minister said. He appealed to traders to help the government find spurious players.
“Representatives from Tirupur have sought a separate commercial tax office in the district. Their request will be taken to the knowledge of the chief minister. Opinions and demands related to GST were obtained from the representatives and steps will be taken to convey them to the GST council,” Moorthy said. ....

Tamil Nadu , Mv Ramesh Babu , Federation Of Coimbatore Industrial Associations Focia , Tamil Nadu Value Added Tax Act , Central Sales Tax Act , Coimbatore Industrial Associations , தமிழ் நாடு , ம்வ் ரமேஷ் பாபு , தமிழ் நாடு மதிப்பு வரி நாடகம் , மைய விற்பனை வரி நாடகம் , கோயம்புத்தூர் தொழில்துறை சங்கங்கள் ,

VAT TDS can be used to set off GST liabilities: Madras High Court

March 17, 2021
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The Madras High Court has allowed transition of accumulated Tax Deducted at Source (TDS) under the TNVAT regime to set off GST liabilities.
The Court gave the order on a batch of 23 petitions filed by assesses under the Tamil Nadu Goods and Service Tax Act, 2017 (TNGST Act) challenging notices issued by the Commercial Tax Department proposing the denial of transition of credit in respect of TDS in terms of Section 13 of the Tamil Nadu Value Added Tax Act, 2006 (TNVAT Act) in ten cases, and orders confirming the proposals, in 13 cases.
Accumulated TDS credit
The common factual position is that all petitioners, in the era of Tamil Nadu VAT, have accumulated credit of TDS and have also been permitted to carry forward the same from year to year. However, the petitioners sought transition of the accumulated TDS into their respective accounts for set off against output tax - GST liabilities. This was denied. ....

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