Cabinet Secretary asks Ministries to set up GST facilitation cells
PrintListen to this Article
The Cell will be in constant touch with the major industry and business associations relating to the respective Ministry/Department and provide all possible support for the smooth roll out of GST with effect from July 1, Sinha said in a letter to the Secretaries of different Ministries.
While the Revenue Department is making helplines operational for any individual taxpayer to seek resolution of any legal or I-T related issues, the GST Facilitation Cell could serve as the first point of contact for addressing any issue being faced by any business or industrial sector related to the respective Ministry. This is expected to greatly facilitate the rollout of GST, the Cabinet Secretary said.
In his letter, Sinha has also asked the Secretaries of various Ministries to ensure that all Public Sector Units (PSUs) under the administrative control of their respective Ministry/Department are GST compliant before July 1 this year.
Sinha added that preferably each PSU may constitute a GST Cell, which in turn should be fully equipped with the complete knowledge of all relevant GST Act/ Rules/Rate Structure.
Sinha has further stated that to ensure smooth and successful roll-out of GST, it is essential that all stakeholders, both in the Government as well outside, are adequately prepared for the roll-out.Therefore, it is imperative to ensure that all sectors/businesses are GST ready before July 1, the Cabinet Secretary said.#casansaar (Source - PTI, The Hindu Business Line)
Category : GST | Comments : 0 | Hits : 452
TEST
Dear Taxpayers, 1. GSTN is pleased to inform that an enhanced version of the GST portal would be launched on 3rd May 2024. The effort is to improve user experience and ensure that the information you need is accessible and easy to navigate. 2. Key Enhancements Include (PDF with screenshots attached): i. News and Updates Section: We have introduced a dedicated tab for all news and updates. This section now includes a bet...
The Supreme Court on Friday issued notices to the central government, the Central Board of Indirect Taxes and Customs (CBIC), the Goods and Services (GST) Council and the National Anti-Profiteering Authority (its functions have been taken over by the Competition Commission of India) on a petition challenging a Delhi High Court verdict, upholding the constitutional validity of anti-profiteering provisions filed by a real estate company. The petition, filed by Swati Realty, says the high court ...
The delectable Malabar Parota will taste even better with the Kerala High Court ruling that the popular flatbread will attract GST at 5 per cent and not 18 per cent. With this the court has turned down order by the State’s Authority of Advance Ruling (AAR) and Appellate Authority for Advance Ruling (AAAR). Disposing a petition by Kochi-based Modern Food Enterprises, a single judge bench of Justice Dinesh Kumar Singh said if key inputs (cereals, flour, starch, etc) and preparations are s...
A businessman from Delhi was taken into custody by the Noida police for his alleged involvement in a massive Rs 15,000 crore GST fraud that was exposed last year, TOI reported. Tushar Gupta, aged 39 and residing in Tilak Nagar, was arrested as the 33rd suspect in this case. The police revealed that Gupta had exploited input tax credit (ITC) using 35 fake companies, resulting in a loss of Rs 24 crore to the exchequer over the past two years. He was reportedly part of a syndicate that utiliz...
Comments