In the backdrop of the vision of Centre's aggressive campaign on GST, District Administration, Patiala and The Institute of Cost Accountants of India (Patiala Chapter of Cost Accountants), took the initiative and jointly held a conclave in mini Secretariat, on "GST & Impact" with focus on Government Departments, Power Sector and society.
Chaired by Kumar Amit, Deputy Commissioner, Patiala, the conclave was attended by ADC (G), ADC (D), SDMs, Patiala, Rajpura, Nabha, Samana, DEOs, Chief Financial Officers, Financial Advisors, Chief Engineers of PSPCl/PSTCl and other senior officers of District Administration. More than 200 officers and officials attended the conclave.
Inaugrating the session, Kumar Amit, said Punjab Government is fully focused on spreading the requisite awareness about GOI's dream tax reform in the shape of GST. He said that by organising such sessions, administration is also showing its commitment towards knowledge sharing, transparency and thereby making ease of doing business a reality.
He said GST would really prove to be "Good & Simple Tax" and emphasised on the fact that it would bring more transparency, more compliance and more revenues to the state.
Key note speaker, S.K. Bhatt, Ex. Chairman, NIRC of ICAI, a renowned expert on GST, elaborated about the basics of GST, its nitty-gritty and its impact on various stakeholders. He explained the concepts of GST in simple language and also gave solutions for various practical issues. He told that the impact of GST will be unprecedented and will transform India into a single unified marketplace.