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One Nation One TAX-  Videocon and  ASSOCHAM organized a GST Summit for traders.

One Nation One TAX- Videocon and ASSOCHAM organized a GST Summit for traders.

One Nation One TAX-  Videocon and  ASSOCHAM organized a GST Summit for traders. The summit is headed by  Chief Guest Shri. R.V. DeshpandeHonourable Minister for Large and Medium Scale Industries, Department of Commerce & Industries,Government of Karnataka. Shri. Narayan Swamy, Commissioner – Service Tax, Bengaluru also gave his valuable thoughts.

Videocon is spreading awareness &  knowledge about GST in 200 cities, The national rollout of the ASSOCHAM-Videocon GST Summit went well in bengaluru wtih overflowing crowd. Lot of traders got decent knowledge on GST during this summit and lot of trade doubts were cleared.

Shri. R.V. Deshpande, Honourable Minister for Large and Medium Scale Industries, Department of Commerce and Industries, Government of Karnataka said, “At the outset, I deem it is my privilege to be a part of this important event being organised by ASSOCHAM, and Videocon for the awareness on the GST, and appreciate this initiative to address the queries of the Retailers and Traders of Consumer Electronics & Appliances. I am glad that GST, at last is seeing the light of the day. I was pretty sure in 2006 itself when then-Finance Minister P Chidambaram announced in his Union Budget speech that India would introduce GST by 1st April 2010. I was always sure that GST would be inevitable and will free India from the shackles of archaic indirect tax laws. It is envisaged to pave way for the ‘One Nation One point single Tax’ system. Overall, GST will strengthen the positioning of organised players in market and lend fillip to growth.”

Speaking about the initiative, Mr. Vishal Sharan, Sales Head, Videocon, said, “We are committed to welcome GST and bring everyone in the consumer electronics industry within its ambit. The objective behind organizing this summit was to equip our trade partners in Bengaluru with complete knowledge of GST and prepare them for its implementation. Videocon has always taken initiatives to ensure the welfare and growth of the industry.”

Being a responsible corporate house, Videocon is committed to serve the industry and all its stakeholders. The company recently launched a digital helpline for retailers, GST@vgmail.in, where consumer electronics retailers can email their queries with regards to GST. Videocon will endeavor to respond with the help of experts within 48 working hours.

GST Summit received a tremendous response from traders in Bengaluru. Around 600 Consumer Electronics retailers attended the event who utilized the platform to clarify all their GST queries.