Business Standard

Govt plans mass outreach to iron out GST concerns

FM meets stakeholde­rs; pan-indian initiative for new forms on Dec 7

- DILASHA SETH

With the government facing severe revenue stress, Finance Minister Nirmala Sitharaman on Saturday met representa­tives of small and medium enterprise­s, chartered accountant­s, retailers, and independen­t profession­als to iron out concerns related to goods and services tax (GST) compliance. In a live demonstrat­ion of sorts, the representa­tives attempted to file actual returns during the meeting to highlight their concerns.

The one-to-one meetings were attended by representa­tives of the Indian Chartered Accountant­s Associatio­n (ICAI), Laghu Udyog Bharti, Rajasthan Tax Consultant Associatio­n, Confederat­ion of All India Traders (CAIT), and a Kolkatabas­ed independen­t tax profession­al.

The aim of the exercise was to further simplify GST forms and make the filing process more user-friendly, the finance ministry said in a tweet.

Sitharaman asked the revenue

department to carry out a similar exercise across the country on December 7 for the new return forms to come into effect from April 2020. That would mean commission­ers across circles would meet select individual GST return filers to respond to their queries and resolve issues. Saturday’s meeting was attended by officers from the Department of Revenue and GST Network (GSTN)

— the informatio­n technology backbone for GST.

“The FM decided that every commission­er of every circle should invite assessees with accountant­s who will actually file returns on a real time basis in front of the officer to understand the problems,” Revenue Secretary Ajay Bhushan Pandey told reporters after the meeting.

 ?? Source: Finance Ministry ??
Source: Finance Ministry

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