Karnataka assembly passes bill to track, trace tobacco and arecanut to plug GST leakage
Bengaluru, Aug 14 (PTI): The Karnataka Legislative Assembly on Thursday passed a bill to implement a track-and-trace mechanism to plug GST leakage in tobacco and arecanut products.
Piloting the Karnataka Goods and Services Tax (Amendment) Bill for the consideration of the House, state Revenue Minister Krishna Byre Gowda said there is a huge difference between sales and what's being declared.
With this bill, track-and-trace mechanism is being introduced into the value chain, using which all ingredients will be tracked, right from the primary product to the final product, and with the help of this, the volume of sales can be detected.
The Bill also aims to curb the misuse of input tax credit (ITC).
"Some people are illegally claiming ITC. There are ITC refund scams being widely reported. We need to apply a systemic fix for this...,” the Minister said.
Meanwhile, the Karnataka Decriminalisation (Amendment of Provisions) Bill was tabled in the Assembly.
The bill provides for tweaking 12 existing laws for “decriminalising and rationalising offences and to further enhance trust-based governance for ease of living and doing business”.
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Former India hockey coach Michael Nobbs dies
Melbourne (PTI): Former Australian hockey player Michael Nobbs, who coached the Indian men's team at the 2012 London Olympics, has died after a prolonged illness.
He was 72 years old and is survived by his wife Lee Capes, a former Australian women's international and daughter Kaitlin, who is a current Hockeyroos star.
"Hockey Australia extends its deepest condolences to Michael’s family, friends, former teammates, players and all those whose lives and careers were shaped by his contribution to hockey. He will be remembered as a proud Kookaburra, a respected professional, and a servant of the sport," Hockey Australia said in a statement.
Nobbs represented Australia as a defender, playing across the half-back line and at fullback, and was renowned for his reliability, fitness and professionalism. He earned 76 international caps for Australia between 1979 and 1985, scoring one goal, and was a member of one of the strongest eras in Australian men’s hockey, said Hockey Australia on its website in its tribute.
Nobbs was an integral part of the Australian teams that competed at the 1981 Hockey World Cup in Bombay and the 1984 Los Angeles Olympics.
While part of a generation widely regarded as one of Australia’s finest, he consistently held his place through hard work, discipline and trust earned from teammates and coaches, Hockey Australia wrote.
Nobbs took over the coaching of the Indian men's team in 2011 after it had failed to qualify for the Beijing Games in 2008. While India were brilliant in the qualifiers, the team finished last at the London extravaganza which also expedited the Australian coach's sacking.
Apart from India, Nobbs also coached Japan.
