|
|
Ministries told to set up GST Facilitation Cells
|
|
|
|
Top Stories |
|
|
|
|
SME Times News Bureau | 07 Jun, 2017
A day after Prime Minister Narendra Modi reviewed the status of the
Goods and Services Tax (GST) roll-out, Cabinet Secretary P.K. Sinha on
Tuesday asked different ministries to set up GST Facilitation Cells to
assist businesses for a smooth transition to the new indirect tax regime
from July 1.
"Sinha has asked the Secretaries of the different
ministries/departments to set-up a GST Facilitation Cell in their
respective department/ministry. Sinha said that the Cell, in turn, shall
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 from July 1," Finance Ministry
said in a statement.
"The Cabinet Secretary in a letter to the
Secretaries of the different ministries/departments has further
mentioned that the GST Facilitation Cell can preferably be managed by a
small core team headed by an economic adviser or any other designated
officer of the respective ministry/department," the statement said.
He
said that while the Department of Revenue is making the helplines
operational for any individual taxpayer to seek resolution of any legal
or IT related issues, the GST Facilitation Cell, on the other hand,
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.
The Cabinet Secretary further added that this would greatly facilitate the roll-out of GST.
In
his letter, Sinha has also asked them to ensure that all Public Sector
Units (PSUs) under their administrative control are GST-compliant before
July 1.
He asked the Secretaries to have meetings with all the
chairman and managing directors/chairpersons of the PSUs under their
charge in order to sensitise them towards GST roll-out.
Preferably
each PSU may constitute a GST Cell, which, in turn, should be fully
equipped with the complete knowledge of all the relevant GST
Act/Rules/Rate Structure, he said.
"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," it said.
Earlier,
Revenue Secretary Hasmukh Adhia had also written to the Secretaries of
the different ministries/departments that there is an urgent need for
all the central government ministries/PSUs to be made aware of the basic
features of GST Law and procedures, including implication in their
respective areas of work.
The Revenue Secretary had stated that the PSUs and other entities who are likely to pay GST need to be GST ready.
Adhia
had also mentioned that the new scheme of tax administration will have
an impact on the work of various ministries/departments including PSUs
and other autonomous bodies who are involved in the economic activity in
one way or the other, therefore, there is need for a time bound
schedule for undertaking GST awareness campaign and training programme
for the officials.
The Revenue Secretary stated that National
Academy of Customs, Excise and Narcotics (NACEN) has been mandated to
conduct the GST training for the officers as well as for the
representatives of trade and industry.
|
|
|
|
|
|
|
|
|
|
|
|
|
Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
|
|
Daily Poll |
|
|
PM Modi's recent US visit to redefine India-US bilateral relations |
|
|
|
|
|
Commented Stories |
|
|
|
|
|
|
|
|