The government is carefully considering the suggestions made by the trade and industry on the Goods and Services Tax (GST) Bill…
The government is carefully considering the suggestions made by the trade and industry on the Goods and Services Tax (GST) Bill, a top CBEC official said here on Thursday.”We have been receiving a large number of representations from trade and industry. This is a very healthy exercise and all these suggestions and views will go into making an ideal GST,” Mahender Singh, Director General (GST), Central Board of Excise and Customs (CBEC), said.
He was speaking at a national conference on draft GST law organised by Associated Chambers of Commerce and Industry of India (Assocham).”It (suggestions on GST) is considered, discussed and various aspects are taken into consideration and once the final decision is taken then that will be incorporated in the final GST law,” Mahender Singh said.
He said some sections of the trade and industry have apprehensions that their views may not be taken into consideration.
It is understandable, he said, for people to have such apprehensions in a large country with a wide variety of trade practices.
“Being part of the exercise in the CBEC, I can assure you each and every representation received from trade and industry is discussed and deliberated upon,” Mahender Singh said.
He said the model GST law was put in public domain on June 14, 2016 after taking into consideration the doubts, apprehensions and suggestions of the state governments as well as the trade and industry.
“Even after that, a large number of representations and suggestions have been pouring in which is a very very healthy sign.”