Mangaluru, July 1: MRPL Managing Director M Venkatesh said that the effective implementation of the Goods and Services Tax (GST) would ensure the revenue growth of the country and it would boost the development.

Inaugurating the first anniversary of GST implementation at the Divisional GST Commissioner’s office here on Sunday, he said that in terms of reformation of the tax system in the country, introduction of the GST was a landmark decision. This has caused various changes. It was an important decision to ensure transparency in tax collection from the bottom level. The revenue of the country would also increase with the effective tax policy, he opined.

‘GST got good response in coastal region’

Mangaluru Divisional GST commissioner Subramanyam said that after the implementation of the GST, the Mangaluru Division of the GST which includes Udupi, Dakshina Kannada and Uttara Kannada districts, has got a good response. In the first year, total 11,295 tax payers had paid GST and in this financial year, 12,943 persons have registered to pay the tax.

In the Mangaluru Commissionerate, total Rs 1,952.10 crore  tax was collected during 2016-17 and in 2017-18 financial year, Rs 561.94 crore was collected so far. There was a short-fall in total tax collection this year because of the fluctuation in paying the tax by the MRPL is the major tax payer in the coastal region. But there was an increase in total number of tax payers. As there was provision to get some relaxations even after paying the tax under GST, the GST Commissionerate was planning to refund the excess amount to the tax payers, he said.

In this federal system, total 17 tax systems were merged in the GST and being implemented and it was an important decision taken to reform the tax system. Though one year was passed after introducing the GST, there were some technical problems. Apart from that, it has got good response, Subramanyam said.

As part of the GST anniversary, some officers who have shown exemplary work in one year in Mangaluru Commissionerate level were felicitated on the occasion.

Additional Commissioner Imamuddin Ahmed, Assistant Commissioners Sreyas and Ramakrishnaiah were present.

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Dubai: Smoke was seen rising from an area near the United States Consulate in Dubai, according to witness accounts cited by Reuters.

There was no immediate official confirmation on the extent of damage or whether there were any casualties in the incident.

Earlier, the US embassy in Riyadh, Saudi Arabia’s capital, was also attacked. Authorities reported damage to the premises, but no casualties were recorded.

The developments come amid heightened tensions in the region, with Iran continuing to target US interests in the Middle East following deadly attacks launched on Saturday by Israel and the United States.