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Government pushing GST to meet April 2016 deadline

Goods and Service Tax - GST - By: - Bimal jain - Dated:- 4-9-2015 - Even though Parliament s Monsoon Session could not turn into success, the Indian Government did not step-back and has been significantly working towards the success of Goods and Services Tax ( GST ) to be able to meet the April, 2016 deadline. The Government has pressed the pedal on the much needed administrative ground work for rolling out the ambitious Indirect tax reform on time. IT Infrastructure As per the Revenue Minister, .....

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( the CBEC ) has set up an exclusive directorate and is also training around 500 officers, who will further train others. These officers are involved in preparing three draft legislations - Central GST, State GST and Integrated GST. As stated by the Revenue Secretary, three different committees are preparing the said three legislations and these committees include senior CBEC officers, officers of department of revenue and of the finance and taxation department of State Governments. Out of the .....

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he said verticals are being set up for performance management and taxpayer services respectively to be able to respond timely to the GST requirements, keeping in mind the Government s resolve of maintaining ease of doing business. The new directorate of taxpayer services will have the power to mandate third-party audits and studies to ascertain the satisfaction level of key stakeholders with tax practices so that corrective steps can be taken. Special Session Shri. Modi's reform agenda suffe .....

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