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CGST Act IGST Act UTGST Act GST (Compensation to the States) Act Addendum to the GST Rate Schedule - 03.06.2017 101st Constitution Amendment Act, 2016 Addendum to the GST Rate Schedule - 18.05.2017 GST Compensation Cess Rates Decided in the GST Council Meeting held on 18.05.2017 Chapter Wise Rate wise GST Schedule - 03.06.2017 Chapter wise GST Rate Schedule for Goods Decided in the GST Council Meeting held on 18.05.2017 Revised Threshold for Composition Scheme - 11.06.2017 IGST Exemptions Approved by the GST Council - 11.06.2017 GST Rates Approved by the GST Council - 11.06.2017 Service Tax Exemptions in GST IGST Exemption, Concession List - 03.06.2017 Composition - Rules Valuation Rules ITC - Rules Invoice, Debit & Credit Notes - Rules Payment - Rules Refund - Rules Registration - Rules Return- Rules Transition Rules Proposed CTD Document Accounts and Record Rules GST rate Schedule for Services Decisions Taken by the GST Council in the 16th Meeting - 11.06.2017 List of Services under Reverse Charge Classification Scheme for Services Under GST
Off-White paper on GST
11 November, 2009 Ahmedabad :
Off-White paper on GST

The First Discussion paper on Goods and  Service Tax has raised more questions than it seem to have addressed to. The Central Government has unfolded its intentions to Tax the Sales of Goods. Consequently they have shown  a carrot to the states with empowering them to Tax the Services .

As on today ,Centre is empowered to tax services and goods upto the production stage, the Bell & Ross Replica Watches States have the power to tax sale of goods. The States do not have the powers to levy a tax on supply of services while the Centre does not have power to levy tax on the sale of goods. Thus, the Constitution does not vest express power either in the Central or State Government to levy a tax on the ‘supply of goods and services’.

Moreover, the Constitution also does not empower the States to impose tax on imports.  This calls for a major change in the outlook of the Indian Constitution. Therefore, it is utmost important to have a   Constitutional Amendments for empowering the Centre to levy tax on sale of goods and States for levy of service tax and tax on imports and other consequential issues.

This Uphill task is entrusted to a Joint Working Group. Right from preparing draft legislation for Central GST, a suitable Model Legislation for State GST; Rules and  procedures for Central GST and State GST; drafting of legislation for IGST ; rules and procedures thereof ; address to the issues of dispute resolution and advance ruling and many more .

Many questions like whether the Central Board of Customs and Excise with be rechristened? Will the Central Excsie officers will henceforth be called GST officers? Once the fundamental constitutional change form “Duty” to “Tax” is made , will the powers of the officers remain same ?

With the Central GST on sales , inter state and intra state transtactions , effective monitoring of the same in absence of a well placed  National integrated computerization , etc  All this with a deadline on April 2010 seems to be a fantasy.  Now one thing is for sure ,it’s going to take an era to convert this Off-White paper to a Pure White paper on GST.

GST

Courtesy: From the Desk of MONISH BHALLA , Founder, www.servicetaxonline.com
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