Revenue Secretary Hasmukh Adhia meets stakeholders, discusses concerns on GST

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The GST Constitutional Amendment Bill was passed by Parliament earlier this month and so far three states –Assam, Bihar, Jharkhand– have ratified the bill.

In order to ensure smooth roll out of Goods and Services Tax (GST), Revenue Secretary Hasmukh Adhia has began meeting various stakeholders including representatives of telecom, banking and oil and gas sectors to understand their concerns and fine tune the new tax regime.

As many as 10 sessions would be conducted over three days and the outcome of these would help the government to fine tune and improve the structure of the GST, a finance ministry statement said.

Adhia, along with senior officers of Central Board of Excise and Customs (CBEC), met representatives of IT-ITeS and transport sector on Wednesday, and e-commerce and telecom sector on Thursday.

The finance ministry officials would meet the representatives of sectors like financial services, civil aviation, exporters and professional bodies like chartered accountants and cost accountants, in addition to industry chambers.

“The interactive session underline the endeavour of the government in order to understand and address the apprehensions and concerns of the various stakeholders about GST and also provide a platform for business to express their views on aspects of GST,” the statement said.

Once implemented, the GST will subsume excise, service tax and other local levies, will create one market for seamless transfer of goods and services across the country.

The GST Constitutional Amendment Bill was passed by Parliament earlier this month and so far three states –Assam, Bihar, Jharkhand– have ratified the bill.

GST being a constitution amendment has to be ratified by at least 16 state assemblies before being placed before the President for his approval.

After the bill is ratified by the the states, Parliament will have to pass two legislations– CGST and IGST –detailing the new tax code. This could happen in the winter session of Parliament in November. Similar tax laws will also have to be passed by the states.

The government plans to roll out GST from April 1, 2017.

Source : http://indianexpress.com/article/india/india-news-india/revenue-secretary-hasmukh-adhia-meets-stakeholders-discusses-concerns-on-gst-2983104/

2 Replies to “Revenue Secretary Hasmukh Adhia meets stakeholders, discusses concerns on GST”

  1. Barun Chakrabarti says:

    I am sending this information for and on behalf of one Registered Dealer under WBVAT later on migrated to GST.
    Whereas, GSTR 3B for July, 2017 and August, 2017 properly submitted & filed through GSTN Portal. But when the dealer fill up GSTR 3B for September, 2017 as usual as per format but at the time of confirm and save the SGST FIGURES change and ignore decimal by GSTN portal i.e., (.) and amount converted from thousand to Lakh. Always CGST = SGST but here CGST – Rs. 74,610.75 & SGST- Rs. 74,61,075 as a result the dealer cannot OFFSET THE LIABILITIES and could not file GSTR 3B. Meantime, Late Fees invites for no submission and not only that, the dealer may not file the subsequent GSTR 3B so long the dealer not file GSTR 3B for September, 2017.
    That, to avoid interest for non-payment of GST (CGST, SGST) dealer paid challan for that month within next 20th but due to no filing of GSTR 3B the SGST of state government will be with Central Government till it is not cleared.
    The authority must agree with me that GSTR-1, GSTR-2 for July, 2017 extending up to December, 2017 no one know the timeline of GSTR-3 for July, 2017. Secondly, GSTR-1, GSTR-2 & GSTR-3 for August, 2017 ; September, 2017 & October, 2017 what is their timeline.
    As I raised this only GSTR-1, 2 & 3 can be modified GSTR 3B
    It is requested to look into the matter and may ask for revise GSTR 3B if any dealer desires and make a safe guard for validation e.g., ERROR in SUBMMISION.

    The name of the dealer > PRINT COTRADERS, 22A, BUDDHU OSTAGAR LANE CAL-9, SEALDAH CHARGE, WBVAT NO : 19592408037,
    GSTIN > 19AANFP5989N1ZY, USER ID > pcotraders.22a ; Pass ward – prin+22A

    Thanking you,

  2. Barun Chakrabarti says:

    I am sending this information for and on behalf of one Registered Dealer under WBVAT later on migrated to GST.
    Whereas, GSTR 3B for July, 2017 and August, 2017 properly submitted & filed through GSTN Portal. But when the dealer fill up GSTR 3B for September, 2017 as usual as per format but at the time of confirm and save the SGST FIGURES change and ignore decimal by GSTN portal i.e., (.) and amount converted fromI am sending this information for and on behalf of one Registered Dealer under WBVAT later on migrated to GST.
    Whereas, GSTR 3B for July, 2017 and August, 2017 properly submitted & filed through GSTN Portal. But when the dealer fill up GSTR 3B for September, 2017 as usual as per format but at the time of confirm and save the SGST FIGURES change and ignore decimal by GSTN portal i.e., (.) and amount converted from thousand to Lakh. Always CGST = SGST but here CGST – Rs. 74,610.75 & SGST- Rs. 74,61,075 as a result the dealer cannot OFFSET THE LIABILITIES and could not file GSTR 3B. Meantime, Late Fees invites for no submission and not only that, the dealer may not file the subsequent GSTR 3B so long the dealer not file GSTR 3B for September, 2017.
    That, to avoid interest for non-payment of GST (CGST, SGST) dealer paid challan for that month within next 20th but due to no filing of GSTR 3B the SGST of state government will be with Central Government till it is not cleared.
    The authority must agree with me that GSTR-1, GSTR-2 for July, 2017 extending up to December, 2017 no one know the timeline of GSTR-3 for July, 2017. Secondly, GSTR-1, GSTR-2 & GSTR-3 for August, 2017 ; September, 2017 & October, 2017 what is their timeline.
    As I raised this only GSTR-1, 2 & 3 can be modified GSTR 3B
    It is requested to look into the matter and may ask for revise GSTR 3B if any dealer desires and make a safe guard for validation e.g., ERROR in SUBMMISION.

    The name of the dealer > PRINT COTRADERS, 22A, BUDDHU OSTAGAR LANE CAL-9, SEALDAH CHARGE, WBVAT NO : 19592408037,
    GSTIN > 19AANFP5989N1ZY, USER ID > pcotraders.22a ; Pass ward – prin+22A

    Thanking you,

    thousand to Lakh. Always CGST = SGST but here CGST – Rs. 74,610.75 & SGST- Rs. 74,61,075 as a result the dealer cannot OFFSET THE LIABILITIES and could not file GSTR 3B. Meantime, Late Fees invites for no submission and not only that, the dealer may not file the subsequent GSTR 3B so long the dealer not file GSTR 3B for September, 2017.
    That, to avoid interest for non-payment of GST (CGST, SGST) dealer paid challan for that month within next 20th but due to no filing of GSTR 3B the SGST of state government will be with Central Government till it is not cleared.
    The authority must agree with me that GSTR-1, GSTR-2 for July, 2017 extending up to December, 2017 no one know the timeline of GSTR-3 for July, 2017. Secondly, GSTR-1, GSTR-2 & GSTR-3 for August, 2017 ; September, 2017 & October, 2017 what is their timeline.
    As I raised this only GSTR-1, 2 & 3 can be modified GSTR 3B
    It is requested to look into the matter and may ask for revise GSTR 3B if any dealer desires and make a safe guard for validation e.g., ERROR in SUBMMISION.

    The name of the dealer > PRINT COTRADERS, 22A, BUDDHU OSTAGAR LANE CAL-9, SEALDAH CHARGE, WBVAT NO : 19592408037,
    GSTIN > 19AANFP5989N1ZY, USER ID > pcotraders.22a ; Pass ward – prin+22A

    Thanking you,

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