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Traders asked to issue cash memos to buyers

By Correspondent
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GOALPARA, July 21 - The executive officer of the Goalpara Municipality Board (GMB), following the instructions of Deputy Commissioner JVN Subramanyam, directed all the business establishments to issue cash memos to all the customers or buyers for purchases of Rs 100 or above. They were also asked to display the commodities retail price list along with the available stocks in front of their retail units.

Talking to this correspondent, the Deputy Commissioner said that people must be made aware and they must insist dealers or retailers to issue cash memos for every sale exceeding Rs 100, which is compulsory under Assam Value Added Tax Act, 2003.

He also said that it was during his one of the recent market visits accompanied by a team of senior officials, including the GMB executive officer and the chairman, supply officials and others, he noticed that cash memos were not regularly being issued to buyers, for which there is a need to streamline the entire system.

The executive officer of the GMB, Dhiman Kr Choudhury, said that a notice has already been issued to all the traders under the Goalpara Municipality Board to issue cash memos to all the customers.

Talking to this correspondent, locals said that it is high time for the government to overhaul the collection of entire sales tax system in order to curb prices and reduce other inflationary pressures and boost revenue instead of increasing the overall VAT on essential items, besides raising the prices of petrol, diesel and the LPG.

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Traders asked to issue cash memos to buyers

GOALPARA, July 21 - The executive officer of the Goalpara Municipality Board (GMB), following the instructions of Deputy Commissioner JVN Subramanyam, directed all the business establishments to issue cash memos to all the customers or buyers for purchases of Rs 100 or above. They were also asked to display the commodities retail price list along with the available stocks in front of their retail units.

Talking to this correspondent, the Deputy Commissioner said that people must be made aware and they must insist dealers or retailers to issue cash memos for every sale exceeding Rs 100, which is compulsory under Assam Value Added Tax Act, 2003.

He also said that it was during his one of the recent market visits accompanied by a team of senior officials, including the GMB executive officer and the chairman, supply officials and others, he noticed that cash memos were not regularly being issued to buyers, for which there is a need to streamline the entire system.

The executive officer of the GMB, Dhiman Kr Choudhury, said that a notice has already been issued to all the traders under the Goalpara Municipality Board to issue cash memos to all the customers.

Talking to this correspondent, locals said that it is high time for the government to overhaul the collection of entire sales tax system in order to curb prices and reduce other inflationary pressures and boost revenue instead of increasing the overall VAT on essential items, besides raising the prices of petrol, diesel and the LPG.

More in Entertainment
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