SRINAGAR: To streamline the processing of Goods and Services Tax Linked Incentive (GSTLI) claims, a brainstorming session was organized by the Directorate of Industries & Commerce, Kashmir in the Conference Hall of Sanat Ghar, Bemina.
The session witnessed the participation of the Officers/officials from District Industries Centres (DICs) of Kashmir Division and the Functional Managers and IPOs of Industries and Commerce, making it a well-represented event.
Waseem Raja, General Manager of District Industries Centre (DIC) Budgam was an expert on the occasion, providing valuable insights into the policy framework governing GSTLI claims.
He also offered clarifications on various concerns that were impeding the seamless processing of the incentive claims in the DICs.
Emphasis was laid on the mythology to be adopted for processing the claims of the Service Sector, as the department envisaged targeting Hotels, Diagnostic Centre, and Controlled Atmosphere Stores which have by and large not been covered till date.
Through this session, the participants got an opportunity to engage in detailed discussions, exchange perspectives, and lay down actionable strategies for efficient claim processing.
The session is expected to significantly enhance the understanding and execution of GSTLI-related procedures among concerned DIC officials.
The discussion concluded with participants expressing optimism about applying the knowledge gained to overcome GSTLI claim processing challenges and aiding in the growth of local businesses through the timely and effective implementation of the New Central Sector Scheme-2021.
