New User   Login      
Tax Management India .com TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

GST NETWORK (GSTN) TO IMPLEMENT GST

Goods and Services Tax - GST - By: - Dr. Sanjiv Agarwal - Dated:- 22-12-2015 Last Replied Date:- 24-12-2015 - The broad framework of GST model proposed for India now being clear, well-designed and well-functioning Information Technology (IT) infrastructure facility would be a precondition and pre-requisite for smooth administration of taxpayers, processing of returns, controlling collections, making refunds, auditing taxpayers, levying penalties etc. in the new regime. On the IT front, all stake .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

agency for enabling IT infrastructure for smooth introduction of GST. The GSTN is the comprehensive back end infrastructure network for the management of tax data and reporting of the GST. The Committee noted that the Non Government shareholding in GSTN is dominated by private banks, and this is not desirable. It recommended that the Non Government Institutional shareholding be limited to public sector banks and financial institutions. GSTN was incorporated on 28 March 2013 under Section 25 of t .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

r-State transactions and provide data on the amounts to be transferred to the destination state for ensuring seamless input tax credit. Objectives of GSTN GSTN has been set-up with the following objectives to act as a pass through interface for dealers. Integration of the common GST Portal with the existing tax administration systems of the Central/State governments and other stakeholders. Provide common PAN based registration, enable returns filing and payment processing for all states on a sha .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version