Wednesday, 28 June 2017

GST launch mock drill today: Know how Team Jaitley is preparing for July 1

GST war room is an important element in the government's launch effort

GST, tax, economy, currency

With three more days to go before India's biggest tax reform in decades is implemented, the Narendra Modi-led government is all geared up to ensure that nothing goes amiss on July 1. For this, a mega rehearsal has been planned today in the Central Hall of Parliament. The rehearsal, scheduled to be held at 10 PM, may be supervised by either Parliamentary Affairs Minister Ananth Kumar, his deputies Mukhtar Abbas Naqvi and S S Ahluwalia, or Secretary Rajiv Yadav, official sources told Firstpost.|economy news

Officers from various departments including those from the finance ministry will be part of the rehearsal event, they said.
The GST Feedback and Action Room set up by the Central Board of Excise and Customs (CBEC) is keeping a close watch to ensure all processes are in place for a smooth rollout.
"A special war room has been created to address doubts arising over GST, beforehand," a senior government official told The Economics Times.

It will operate from eight in the morning to 10 in the evening, providing a single window for the resolution of any GST-related issue.

economy policy| GST war room

The war room is an important element in the government's launch effort. It is backed by many government officials. Every ministry and department has created GST cells dedicated to the sectors they deal with.

Custom departments: porters and traders will start filing bills of entry and shipping in the new format aligned with the GST framework starting today.

CBEC has directed field formations to answer any query industry and small businesses may have. Centre has asked officials to respond to those who walk into their offices seeking clarification.
Field officials have been directed to assist taxpayers and businesses with regard to aspects of GST. 

No comments:

14th BRICS summit to review current global issues, reach key agreements

  At the   14th BRICS summit   which is to be hosted by China in a virtual mode on 23-24 June, the member nations will review the current gl...