A seminar on Goods and Services Tax: Benefits, Challenges and Way Forward was organised by Federation of Indian Chambers of Commerce and Industry (FICCI) along with CGST and Chhattisgarh government on Friday at Raipur.
The chief guest of the seminar Health and Family Welfare Minister TS Singhdeo in his address extended full support and cooperation to business houses along with his willingness to advocate suggestions and corrections to GST Council in order to make GST more friendly.
BB Mohapatra Pricinpal Commissioner CSGST, clarified various queries and requested for timely filling of returns. He said Chhattisgarh is far behind in terms of GST collection and needs a sincere push from all.
Ramesh Kumar Sharma, Commissioner SGST also attended the seminar as a special Invitee.
Pradeep Tandon Chairman FICCI – Chhattisgarh State Council brainstormed the session on streamlining Goods and Services Tax (GST) system along with plugging of revenue leakages, liberalisation in blocking of EWay bills consequent to deadline of tax deposit dates based on compliant and non compliant categories of industries, correction on collection and reconciliation of GST, difficulties being faced by small businesses and CA’s in filling returns and to achieve efficiency in curbing evasion.
Both state and central tax administrations came together formally to build synergy and to share their knowledge on best practices with intent to bringing about uniformity in tax administrations.
The GST officials explained the new GST Returns norms and encouraged the participants to themselves upload these Returns (ANX-1 and ANX-2) and give regular feedback in regard to the ease of compliance, uploading, deficiencies and improvements, if any.
The officials also hailed the programme as a step in the right direction for greater transparency in tax administration.
The constructive discussion also covered a wide range of issues such as measures for encouraging voluntary compliance, expanding tax base, measures to improve return filing and tax collection and rate rationalisation.
Automation measures such as e-invoice, new return system, QR code on bills were also discussed.
The agenda of the GST seminar was finalized on the basis of inputs from multiple stakeholders, including the Central and state governments.