GST Committee Report on Returns

GST Committee Report on Returns
Start Date :
Oct 20, 2015
Last Date :
Nov 16, 2015
00:00 AM IST (GMT +5.30 Hrs)
Submission Closed

The Government of India intends to introduce the Goods and Services Tax (GST) in the country at the earliest. GST seeks to subsume many indirect taxes at the Central and State ...

The Government of India intends to introduce the Goods and Services Tax (GST) in the country at the earliest. GST seeks to subsume many indirect taxes at the Central and State level. The proposed dual GST envisages taxation of the same taxable event, i.e., supply of goods and services, simultaneously by both the Centre and the States.

The Constitution (One Hundred and Twenty-Second Amendment) Bill, 2014, has been introduced in the Parliament for facilitating the introduction of GST in the country. Simultaneously, committees comprising of officers from the Central Government, as well as the State Governments, have been constituted for the drafting of Model CGST, SGST and IGST laws, and GST business processes of registration, refunds, returns and payments.

The draft Model CGST, SGST and IGST laws, shall be put up for inviting comments of stakeholders in due course. Presently, the draft business processes on GST returns, GST registration, GST refunds and GST payments are being published.

The Report of the Committee on GST Returns is available here. Comments and views are invited on these business processes by 6th November, 2015. Users are requested to keep in mind the guidelines for posting their comments:

1. Please use the following hashtags for commenting on the report:

a. #GSTReturns: for general comments.
b. #GSTReturnsForms: for comments on proposed Returns Forms

2. Please restrict your comments to 500 characters. In case your comments exceed this limit, please upload your comments as a pdf document.

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Showing 245 Submission(s)
P Basaveshwara
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P Basaveshwara 8 years 3 weeks ago

State Government’s across India are highly benefited from the services of STPS’s. By acting as a bridge between Excise and Service Tax departments and dealers, they have also benefited the Central Government. One cannot deny the fact that STP’s have played a major role in successfully broadening the tax net and in increasing the number of assesses(tax payers).

P Basaveshwara
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P Basaveshwara 8 years 3 weeks ago

STP’s have been rendering their invaluable services in the field of VAT, Central Excise, Service Tax and Direct Taxes. They are present in small towns and big cities. Sales Tax Practitioners have been rendering their services to both the corporate and non corporate assessees. The unaffordable small businessmen assessees/dealers first choice is STP. There are many STP’s with corporate assesses as their clientele. This speaks of their expertise and service rendering ability.

BASAVARAJ R HALAKERIMATH
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BASAVARAJ R HALAKERIMATH 8 years 3 weeks ago

Sales Tax Practitioners are well educated and well experienced in both direct and indirect taxation matters inlcuding, Value Added Tax, Central Excise and Service Tax. They have been conducting VAT audits for many years. Use their knowledge and experience. Non allowing them from certifying Form GSTR-8 (Annual return) will lead to waste of them skill and knowledge. They have helped small traders immensely. They have also given employment to many. All will get affected. Please consider.

SREEDHARA PARTHASARATHI
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SREEDHARA PARTHASARATHY 8 years 3 weeks ago

THERE WILL BE NO PILFORAGE NOR LEAKAGE IF ONLINE BILLING (DIGITISATION) IS INTRODUCED WITH ONLY AGAINST ADVANCE INPUT TAX CREDITS AVAILABLE WITH RESPECTIVE SUPPLYING DEALERS ACCOUNT. DEALERS ACCOUNT MAY BE RECHARGED TO TAX CREDITS BY TAKING RELATED TAX PROFESSIONALS INTO CONFIDENCE FOR ANY SUCH TOPUPS & MINIMUM ASSISTANCES. SINCE INSTANT ONLINE ACCOUNTS
AVAILABLE & THERE WILL BE NO REQUIREMENT OF CROSS VERIFICATION,FORMS,DOCUMENTS,FILING OF INDIRECT TAX & DIRECT TAX RETURNS NOR AUDIT& INTERFACE

BELLARY TAX BAR ASSOCIATION
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BELLARY TAX BAR ASSOCIATION 8 years 3 weeks ago

GREETINGS FROM BELLARY TAX BAR ASSOCIATION,
IDEAL MONTHLY UPLOADING,RELATED FORM GSTR-1,GSTR-2 Etc., SHOULD BE ELOBORATIVE WITH ALL BUSINESS DETAILS Viz., VALUE OF MAIN CONTRACT,OUTWARD SUPPLYS,DEDUCTIONS,ABATEMENT,TAX COLLECTED. PURCHASES,INWARD RECIEPTS & SUB-CONTRACTS AWARDED,CATEGORYWISE DEDUCTIONS,LABOUR & LIKE CHARGES,VALUE OF CAPITAL GOODS, GROSS INPUT TAX CREDIT & IN-ELIGIBLE ITC IF ANY. FORM GSTR-8 AUTO POPULATED WITH SUMMARY OF 12 MONTHS UPLOADINGS COMPARED & RECONCILLED WITH P&L BS.

BASAWARAJ YELIGAR TAX PRACTITIONER KALABURGI KS
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BASAWARAJ YELIGAR TAX PRACTITIONER KALABURGI KS 8 years 3 weeks ago

Sir we welcome the initiate of GST in the interest of our Economy. The Tax Practitioners fraternity though unorganised since 1922 are direct partners in Nation Building by way of giving compliance and giving service to collect revenue to both State & Central Government Departments. Hence it is our humble request to consider our Tax Practitioners fraternity in the GST Regime and provide us chance to continue our Service as in the existing Tax Laws.Thanks & Regards.

SUNIL SHANTHINATH TAMATE TAX PRACTITIONER HUBBALLI
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SUNIL SHANTHINATH TAMATE TAX PRACTITIONER HUBBALLI 8 years 3 weeks ago

Welcome Good Move,
It is sincere request to continue all Tax Practitioners in the proposed GST since they are working on the basic service needs under VAT Acts and Income Tax Acts. Giving authority of Certification only to Chartered Accountants is injustice and leads nothing but suffering of our unorganised service providers. All RELATED TAX PROFESSIONALS SHOULD PARTICIPATE in BUILDING THE NATION`S ECONOMY. Please consider the role of Tax Practitioners in the interest of Natural Justice.

Praveen P Kulkarni
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Praveen P Kulkarni 8 years 3 weeks ago

we the income tax practitioners and Sales tax practitioners are giving service to the both department since 1952. We also practitioner under the VAT act. it is unfortunate that these group is not recognized under the GST act. Lacks of people giving good service to the government and public under the such circumstance The prince Minister of India and The Finance minister of India Should look in to the matter and they must provide the practice provision in the GST ACT.(0) 

NARENDRA AMBATKAR
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NARENDRA AMBATKAR 8 years 3 weeks ago

Returns filing would be more meaningful if they are provided with line items for various following information, viz:
1. Inter-state transfers / dispatches would be taxable under GST and this information; 2.Sales-in-transit; 3. High Sea sales or sales in the course of import; and 4. Payment of additional tax on exports.
ONE MORE REQUEST: For inviting suggestions sufficient time is not provided so we request you to do so for justice to the subject.