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MyGov - Discussion thread for GST

MyGov - Discussion thread for GST
Start Date :
Jun 30, 2017
Last Date :
Aug 16, 2017
00:00 AM IST (GMT +5.30 Hrs)
Submission Closed

With the GST coming into effect from 1st July, 2017, the biggest indirect tax reform of independent India, is going to transform the way indirect tax is administered in this ...

With the GST coming into effect from 1st July, 2017, the biggest indirect tax reform of independent India, is going to transform the way indirect tax is administered in this country, impacting not just businesses but also the common man. GST is a tax on consumption of goods and services, which is levied at all stages right from manufacturing up to final consumption, with credit of taxes paid at previous stages available as setoff. It is going to remove the tax-on-tax effect through separate Central and State tax laws. In a nutshell, under GST, only value addition will be taxed , hence, reducing the burden of tax to be borne by the final consumer.

The most fundamental change in GST besides the consolidation of multiple taxes, is the use of a robust shared IT infrastructure in its operations. All the forms related to registrations, filing returns and other related activities can now be done through the GSTN Portal.

GST will help build an economically stronger India, with 'One Nation, One Tax, One Market.'

https://cbec-gst.gov.in/ - Click here to know more about GST

Click here to read FAQs

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Showing 840 Submission(s)
Bhogi Hari Krishna
Bhogi Hari Krishna 8 years 9 months ago
Please Provide An Accounting Software to gst users they can file accounts, into that software they can pay directly the tax
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Sunil Kashinath Vaidya
Sunil Kashinath Vaidya 8 years 9 months ago
Advise the rate of GST to be charged on charges for verification for LTC /Journey Details / furnishing a copy of Reservation chart/ other services over Indian Railways.
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Comments (2)
S Basu
S Basu 8 years 9 months ago
There is no doubt about the benefits the GST would entail, if not anything, in terms of making the national single market. But there is a lot of, misinformation going on, undoubtedly to create a chaos. One of the example is the napkins, the GST is being shown as a sexist move, and a campaign is on, at least in the state where I am residing. It would be better to come out with media advertisement, to tell public about the total tax before and after (eg sanitary napkins in fact the tax has reduced
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Ashish Shrivastava
Ashish Shrivastava 8 years 9 months ago
सर कंप्यूटर प्रोडक्ट पर GST की दर 18 से २८ % रखीं गई है जो अधिक है क्योकि GST के आने से एक ओर जहां इन प्रोडक्ट्स की मांग बढ़ेगी वही इनकी रेट बढ़ने से नए लोगो को इन्हे अडॉप्ट करने मे परेशानी आएगी . यदि हम सूचना एवं टेक्नोलॉजी का विकास चाहते है तो इसे 5 से १२ % क़ी दर पर रखना चाहिए धन्यवाद युगबोध कम्प्यूटर्स शिवपुरी M.P .
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Devendra Kumar Dubge
Devendra Kumar Dubge 8 years 9 months ago
GST in general terms is a great initiative and we whole heartedly support it. But there are probably few things that need to be corrected. Congratulations to the Government. Only a strong Government like the one headed by Modi ji can probably bring it.
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Devendra Kumar Dubge
Devendra Kumar Dubge 8 years 9 months ago
May be Officers understood it better but in case of small purchases from unregistered vendors, there is reverse charge mechanism. So, the buyer pays tax and gets credit. This is complex. Do not pay tax and do not get credit - simple. Charge tax on final product. This will increase working capital. Exporters pay tax and get credit on raw material. This will sure be returned but this increases requirement of working capital and another window to contact the officers and thus corruption.
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Devendra Kumar Dubge
Devendra Kumar Dubge 8 years 9 months ago
In case of existing exporting units - exporting until last week, to obtain factory stuffing permission or bond facility, along with other documents, a verification certificate from the concerned officer is also required. For new units, it is understood, but for existing units, this opens a window for corruption. In any case, the system has to be simpler and not complicated.
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Devendra Kumar Dubge
Devendra Kumar Dubge 8 years 9 months ago
There are few things that the Ministry should look into. HSN codes need to be understood and explained better. There are mis-understandings. An example. HSN 63053200 is FIBC. Raw material has duty of 18% and finished goods as 5%. Though in Textile chaper,It is an industrial product and not a dress or dress material. There are other products like this as well. On such products that is of industrial use, GST should be revised to a higher slab. In any case, Industries can avail GST credit easily.
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benedict fernandes
benedict fernandes 8 years 9 months ago
Total confusion prevails over HSN code. Better to discard it and bring about a schedule of goods with commodity names with common paralance and simple to understand.
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