Summary:
By the year 2022, the state will be losing Rs3,629 crore,” Singhdeo added.Singhdeo said, “We have two major sources of income with the state government — petroleum products and alcohol. There are around 18 items under e-way bills, including pan masala and cement and businessmen face a lot of problems due to compliance issues”, Singhdeo added. “The compliance for filing tax formats is the biggest challenge and the Congress government has raised its voice against it. There is a 21% VAT on petroleum products in the state and if 18% GST is implemented, Chhattisgarh will lose a lot of revenue.” “We have already written to the Centre to do away with e-way bills. Now, if this also goes under GST, we will become a consuming state..