अभी भी दूर है जी.एस.टी. : जी.एस.टी. में क्या व्यापार एवं उद्योग जगत की भी सुनी जायेगी ?

0 Comments

1. a.p.saxena says:

   Sir,
   One thing left out in my comments is the question of distribution between the Union & the States is the net proceeds of taxes which have to be divided between them. Article 236 of the Constitution of India provides for the setting up the Finance Commission at intervals of five years to make recommendations to the President on this important subject.This is a matter which requires consideration after detailed examination of all aspects of the matter.Once GST is introduced,as proposed, from 1st April, 2016, various issues would be raised in the GST Council proposed to be set up as a Constitutional body. –

     Reply

   January 5, 2015 at 6:33 pm
2. BSKRAO says:

   On date there is NO REQUIRED TAX PROFESSIONALS to support compliance in Indian Taxation Laws. Govt. should do some thing in this regard before introduction of DTC & GST

     Reply

   January 5, 2015 at 3:41 pm
3. SUDHIR HALAKHANDI says:

   Here see what we have been promised when first the concept of GST was introduced in our country-
   BUDGET SPEECH -2006
   155. It is my sense that there is a large consensus that the country should move towards a national level Goods and Services Tax (GST) that should be shared between the Centre and the States. I propose that we set April 1, 2010 as the date for introducing GST. World over, goods and services attract the same rate of tax. That is the foundation of a GST. People must get used to the idea of a GST.
   BUDGET SPEECH 2007 –
   116. I wish to record my deep appreciation of the spirit of cooperative federalism displayed by State Governments and especially their Finance Ministers. At my request, the Empowered Committee of State Finance Ministers has agreed to work with the Central Government to prepare a roadmap for introducing a national level Goods and Services Tax (GST) with effect from April 1, 2010.
   Now if the Tax was introduced a “National Tax” then it will be a single Tax and in our country on a single transaction both state and centre will collect tax hence it is called double tax means two taxes on same transaction- It is very simple . I think you are confused with the term Multiple taxation which i have not mentioned.
   If there are so many advantages of single Taxation system of GST then why the states and centre agree on it and divide/distribute the revenue between them instead of going on separate Tax for state and center to make the procedure difficult for tax payers.
   That is my point.

     Reply

   January 5, 2015 at 12:01 pm
4. ajay rastogi says:

   First Central government should determine to introduce GST for betterment of our ultimate customers and parallel economy then they should take some crucial decision for balance distribution of revenue to central and states , now it is time requirement and best survival of Indian economy and prove a firm and balance world wide state of our economy, otherwise it will remains a long long awaited flop show since releasing from 2006 like story of “BIRBAL KI KHICHRI” , therefore , government should go ahead with a clean mind and determination to improve Indian economy to solve their internal disputes.

   Regards,
   A.K.RASTOGI

     Reply

   January 5, 2015 at 9:53 am
5. SUDHIR HALAKHANDI says:

   In the standard format of GST the tax is to be levied and collected by the center and it is distributed by the center between the center and the states . Hence in standard format of GST it is a “single Tax” and the same format was described by Finance Minister in his Budget speech in 2006(See Budget speech of erstwhile FM Mr. P. Chidambaram in 2006)but since in our country states (we have federal system of Governance) also have right to tax sale of Goods and are not agree to surrender this right hence the scheme of single tax was rejected by the states at the initial stage of discussion . Now in proposed GST states and Centre both will tax a single transaction of sale and service hence it is called “Dohra Kar”.

     Reply

   January 4, 2015 at 5:51 pm
6. N.K.Bajpai says:

   One thing left out in my comments is the question of distribution between the Union & the States is the net proceeds of taxes which have to be divided between them. Article 236 of the Constitution of India provides for the setting up the Finance Commission at intervals of five years to make recommendations to the President on this important subject.This is a matter which requires consideration after detailed examination of all aspects of the matter.Once GST is introduced,as proposed, from 1st April, 2016, various issues would be raised in the GST Council proposed to be set up as a Constitutional body.

     Reply

   January 4, 2015 at 1:56 pm
7. N.K.Bajpai says:

   It is not correct to say that ” GST dohra tax hai”.It is a tax which replaces all types of indirect taxes on
   commodities and services levied both by the Union government and the governments of 29 States and Union Territories. One of the two Constitution Amendment Bills introduced by the Union Finance Minister last month provides for giving authority to levy of Central Excise duty and Service Tax by the Union government and levy of Sales Tax or VAT by the State governments on the same commodity in the course of manufacture(Central Excise) and sale(Sales Tax or VAT by whichever name called).Since the scheme of GST provides for giving credit of duty paid on the commodity at each stage,it is expected that the final incidence of all taxes would be reduced.The ultimate objective of introducing GST is not only to reduce the incidence of taxation but also to simplify the collection mechanism and is therefore the most important reform of the tax system in our country since independence, as claimed by the Union Finance Minister in spite of numerous differences of opinion amongst the States.
   The second Constitution Amendment Bill provides for setting up a Goods & Services Tax Council which will be a joint forum of the State & the Union government under the Chairmanship of the Union Finance Minister and will have Ministers in-charge of Finance/Taxation nominated by each State & Union Territory having Legislatures(like Delhi & Poduchery) on important issues like tax rates, exemptions,
   threshold limits & dispute resolution modalities etc.
   It should be remembered that the power to levy taxes and decide whom and the extent to which to grant exemption from taxes is the sovereign right of the State subject, of course, to parliamentary control under our Constitution.It is in exercise of powers under our Constitution that the Union government, after due consultation with the States, has decided to introduce the two Constitution Amendment Bills which require ratification by half the State Legislatures before being submitted to the President of India for his assent.
   The whole issue of introducing GST has been in the public domain for several years now and has been widely discussed and debated in public and the trade and industry as well as the press.Our elected representatives in Parliament and State Legislative Assemblies will discuss and debate the issue and pass the Constitution Amendment Bills with such modification as they may consider necessary.Individual citizens can voice their views through the press as well as through the Prime Minister’s web site mygov.in as also tell our elected representatives about their apprehensions in the manner they like.

     Reply

   January 4, 2015 at 12:25 pm