Author: admin_gst

Goods and Services Tax – GST – By: – sunil kumar Gupta – Dated:- 1-7-2017 – Comparision of Normal Dealer & Composition Dealer Under GST NORMAL REGISTERED DEALER 5% 12% 18% 28% COLLECTED FROM CUTOMER 1,00,000.00 1,00,000.00 1,00,000.00 1,00,000.00 GST 4,761.90 10,714.29 15,254.24 21,875.00 (A) SELLING PRICE 95,238.10 89,285.71 84,745.76 78,125.00 (B) PURCHASE PRICE 70,000.00 70,000.00 70,000.00 70,000.00 GST PAID ON PURCHASE 3,500.00 8,400.00 12,600.00 19,600.00 NET AMOUNT PAID 73,500.00 78,400.00 82,600.00 89,600.00 (A-B) NET INCOME 25,238.10 19,285.71 14,745.76 8,125.00 COMPOSITION DEALER 5% 12% 18% 28% COLLECTED FROM CUTOMER 1,00,000.00 1,00,000.00 1,00,000.00 1,00,000.00 GST@1% (to be borne by seller) 990.10 990.10 990.10 990.10 (A)

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3 Traders are to pay tax @0.5% CGST, 0.5% SGST . 4 Purchase from unregistered dealers can be made upto ₹ 5000/- per day in aggregate without any liability to be registered. 5 A dealer registered under composition scheme is not required to maintain detailed records as in the case of a normal taxpayer. 6 A Composition Dealer is not allowed to avail input tax credit of GST paid to their supplier. 7 Since a Composition Dealer is not allowed to avail input tax credit, such a dealer cannot issue a tax invoice as well. A buyer from composition dealer will not be able to claim input tax on such goods. 8 A Composition Dealer is not allowed to collect composition tax from the buyer. 9 Any dealer whose aggregate turnover in a financial year does

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Goods and Services Tax – Started By: – Yogesh Ghatkar – Dated:- 1-7-2017 Last Replied Date:- 16-7-2017 – Dear Team,I am already registered under VAT for Trading of Goods under proprietorship and my GST migration is completed. Also GST id is Active.In the month of April 2017, I have registered for Service Tax, as I have started providing services (as proprietorship) with different business name. I received Service Tax no as well and collected service Tax for Q1 of FY2017-18Service Tax portal (ht

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Section 149 – Chhattisgarh SGST – MISCELLANEOUS – Chhattisgarh Goods and Services Tax Act, 2017 – Section 149 – Goods and services tax compliance rating. 149. (1) Every registered person may be assigned a goods and services tax compliance rating score by the Government based on his record of compliance with the provisions of this Act. (2) The goods and services tax compliance rating score may be determined on the basis of such parameters as may be prescribed. (3) The goods and services tax comp

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Goods and Services Tax – Started By: – Kishan Barai – Dated:- 1-7-2017 Last Replied Date:- 16-7-2017 – What if a person is Registered under GST & has a turnover of Bellow 20,00,000 ??Shall he has to charge CGST & SGST from Customer ??Shall a person will get deduction of Expense like light bill or other expenses like Stationery etc from his Income.Please elaborate.Thank You – Reply By KASTURI SETHI – The Reply = Dear Sir, Pl. go through Q.No.18 of FAQ published published by CBEC in the newspaper dated 28.6.2017 which is as under:- Q.No. If I register voluntarily though turnover is less than 20 lakhs, am I required to pay tax from First supply I make post GST registration ? Ans. Yes, you would be treated as normal taxable person. Boa

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an ₹ 20,00,000/-. But yes, if you are registered then you have a benefit that you can avail ITC on receipt of supplies of goods/services. And the question about deduction of expenses in income is a matter of Income Tax, it has no relation with GST. – Reply By KASTURI SETHI – The Reply = Thanks to Ms.Preeti Sharma for perfect and convincing clarification/reply and for enrichment of my knowledge. – Reply By Preeti Sharma – The Reply = Its my pleasure Mr. Kasturi Sethi that i could give a little knowledge to you.Thanks – Reply By Kishan Barai – The Reply = Thank You Very Much – Reply By Ramesh Kothari – The Reply = 1.Yes u will become taxable person even if below thresh hold limit and chargeable to tax 2. u will eligible to get the ITC a

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Section 48 – Chhattisgarh SGST – RETURNS – Chhattisgarh Goods and Services Tax Act, 2017 – Section 48 – Goods and services tax practitioners. 48. (1) The manner of approval of goods and services tax practitioners, their eligibility conditions, duties and obligations, manner of removal and other conditions relevant for their functioning shall be such as may be prescribed. (2) A registered person may authorise an approved goods and services tax practitioner to furnish the details of outward suppl

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Goods and Services Tax – Started By: – Rajkumar Chandnani – Dated:- 1-7-2017 Last Replied Date:- 16-7-2017 – If job worker's turnover exceeds the prescribed threshold, 20 lakhs he will have to take registration as he is a service provider. how much service tax is applicable to him thereafter and weather principal can take ITC – Reply By MUKUND THAKKAR – The Reply = All other services not specified elsewhere 18% With Full ITC – Reply By Ramesh Kothari – The Reply = It's 5% on Job invoice

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Goods and Services Tax – GST – Dated:- 1-7-2017 – New Delhi, Jun 30 (PTI) The Goods and Services Tax (GST) – India's biggest tax reform since independence – tonight came into force after 17 tumultuous years of debate, unifying more than a dozen central and state levies but doubts remained if the transition to a national sales tax will be without any glitch. The new tax regime was ushered in at a late night event in the historic Central Hall of Parliament, reminiscent of the midnight 'tryst with destiny' in 1947. Prime Minister Narendra Modi termed the new levy as good and simple tax that marks economic integration of India. There are 500 types of taxes that play their roles. Today we are getting rid of them, Modi said. From Ganganagar to Itanagar and Leh to Lakshadweep, it is one nation, one tax. The day marks a decisive turning point in determining the future course of the country, he said, adding GST would ensure one nation, one tax. The GST, he said, is simple and trans

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ded by Vice-President Hamid Ansari, Lok Sabha Speaker Sumitra Mahajan and former prime minister H D Deve Gowda. Mukherjee and Modi pressed a button in a specially crafted box at the stroke of midnight to launch the new tax regime which overnight replaced the messy mix of more than a dozen state and central levies built up over seven decades. The one national GST unifies the country's USD 2 trillion economy and 1.3 billion people into a common market, an exercise that took 17 tumultuous years. Modi said GST will eliminate the compounding effect of the current multi-layered tax system as well as the cross- state tax heterogeneity by fixing the final tax rate. It will reduce cost and save money, he said. While the measure is billed as making doing business easier by simplifying the tax structure and ensuring greater compliance, businesses particularly small traders have been a bit nervous about the new tax filing system. A train was stopped by traders in Uttar Pradesh and commercial e

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down barriers between 31 states and union territories. It is estimated to add 0.4 per cent to 2 per cent to GDP growth. But some businesses are still figuring out how it will work as they race against time to adopt or upgrade cash registers and computer systems so they are able to file monthly tax returns to comply with the new tax regime. Hours before the midnight launch, the GST Council – the highest decision making body that formulated the rules and tax rates, met for the 18th time. Prime Minister Narendra Modi joined the council members briefly. For some businesses, the GST is complex with four broad tax categories of 5, 12, 18 and 28 per cent, and myriad exceptions, as opposed to a simpler, flatter and broader sales taxes in other countries. Switchover to the GST has added to the worries of businesses that are still recovering from the November 8 shock decision to remove 86 per cent of currency from circulation. One of the things that is keeping companies occupied ahead of the la

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Goods and Services Tax – Started By: – NEERAJ BERRY – Dated:- 1-7-2017 Last Replied Date:- 16-7-2017 – We are manufacturer of Welding Machinery. We received an order from COS, Western Railway, Mumbai in May 2017. The rate of CST chargeable was 6.05%. The material against this order is going to be supplied in July 2017. Now with the implementation of GST, the rate of tax is 18%.Is there any provision in the GST Act regarding this matter, wherein the purchaser, that is, The Western Railway, has to automatically change the rate of tax in its order?Please provide information. Thank you. – Reply By MUKUND THAKKAR – The Reply = please refer your contract. if clause is there for taxes and duties specify,than you have to take fresh order with pres

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Goods and Services Tax – GST – Dated:- 1-7-2017 – New Delhi, Jun 30 (PTI) Jammu and Kashmir, the only state which failed to meet the June 30 timeline for the GST rollout, is likely to clear the legislation on the indirect tax regime by July 6, its Finance Minister Haseeb Drabu said here today. Union Finance Minister Arun Jaitley had on Monday written a letter to Chief Minister Mehbooba Mufti, saying that failure of the state to implement the GST would lead to adverse impact of price rise and put the local industry at a disadvantage. Jammu and Kashmir is the only state which has not taken a call yet on the implementation of the new tax regime which came into force in the country from midnight tonight. Jammu and Kashmir (assembly) is likely

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aos in the state with the inter-state trade vis- a-vis J&K taking a big hit, an official spokesman said here. A few days back, Drabu had said the Mehbooba Mufti government is genuinely interested in building a consensus because the GST is a regime that would last for the next 30-40 years. We will take a final call on the GST implementation once we get the full sense of the all-party meeting. I do not want to preempt anybody. Let us understand what their views are, he had said. Drabu said the state government has reached out to the opposition parties of the state and sent them all the relevant documents. He said a perception has been created that the GST would impact the special status and the fiscal autonomy of the state, but there is n

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d yesterday that it was not against the implementation of the GST in the state, nearly two weeks after terming it as unacceptable . The party accused the government for the current chaos, confusion and uncertainty and said a proper mode should be adopted for implementation of the GST in the state in view of its special status. As far as the Congress is concerned, it has never been against implementation of GST, which is its brain child. But it is the government which had to adopt the proper mode and manner of implementation of the same in J&K, state Congress Committee spokesperson Ravinder Sharma said here today. A statement issued after a meeting of the JKPCC executive panel here under the chairmanship of party unit chief G A Mir said,

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Goods and Services Tax – GST – Dated:- 1-7-2017 – New Delhi, Jun 30 (PTI) The all-powerful GST Council will review the implementation of the Goods and Services Tax as also levies on some of the items on August 5. The review meeting of the GST Council would be on the first Saturday of August, Central Board of Excise and Customs Chairperson Vanaja N Sarna told PTI. The meeting will take stock of the implementation of the biggest tax reform since independence and also review tax rate with regard t

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PM Modi terms GST as good and simple tax – Goods and Services Tax – GST – Dated:- 1-7-2017 – New Delhi, Jun 30 (PTI) Terming the GST a 'good and simple tax', Prime Minister Narendra Modi today said it will put an end to harassment of honest traders and small businesses while integrating country into one market with one tax. At a gala event to launch the Goods and Services Tax (GST) at the historic Central Hall of Parliament, the prime Minister said the new tax is simple and transparent that would end corruption and check black money. The GST will eliminate 500 types of taxes and there will be one tax from Ganganagar to Itanagar and Leh to Lakshadweep, he said, adding it is a catalyst which will remove trade imbalance and promote exp

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od and simple tax, he added. The tax is good because it will eliminate tax on tax and simple because there will be just one rate and one system for the entire country, he said, adding even a student of 10th standard can use technology to file GST returns. Modi said GST is an effort of successive political parties and an example of cooperative federalism where centre and states have worked as equals in deciding on the new system and the tax rate. The GST is a reflection of team India and the Central Hall is the most appropriate place for launch of the new tax regime as Constituent assembly met here and also Jawaharlal Nehru delivered the Independence Day speech, he said. The new tax regime will benefit poor by reducing cost and saving money

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Goods and Services Tax – GST – Dated:- 1-7-2017 – New Delhi, Jun 30 (PTI) Chief Economic Adviser Arvind Subramanian today exuded confidence of resolving teething problems of GST implementation in one-two months. There will be some hurdles initially. But we will be able to remove them in 1-2 months, Subramanian told media after attending the GST rollout ceremony held in Parliament. Describing the GST as a disruptive change , President Pranab Mukherjee in his speech said there are bound to be some teething troubles which will have to be resolved quickly to ensure growth momentum of the economy is not impacted. Initially, there will be some problems, but both Centre and states are determined to resolve them, Central Vigilance Commissioner K V

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GST will transform country into new India : ministers – Goods and Services Tax – GST – Dated:- 1-7-2017 – New Delhi, Jun 30 (PTI) All praise for the GST, Union Ministers tonight said the tax reform measure will transform the country into a New India with uniform tax regime. Petroleum Minister Dharmendra Pradhan said the new transparent, effective and progressive indirect tax regime will fulfill the dream of New India . As the Prime Minister (Narendra Modi) said, GST is much more than an economic reform. It will take shape of social reform, Pradhan said after attending a midnight function in Parliament organised for rollout of the GST. On the absence of some opposition parties, Pradhan said, If they didn t come, may Almighty give them some s

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Section 149 – Delhi SGST – MISCELLANEOUS – Delhi Goods and Services Tax Act, 2017 – Section 149 – Goods and services tax compliance rating. 149. (1) Every registered person may be assigned a goods and services tax compliance rating score by the Government based on his record of compliance with the provisions of this Act. (2) The goods and services tax compliance rating score may be determined on the basis of such parameters as may be prescribed. (3) The goods and services tax compliance rating

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Goods and Services Tax – Started By: – S.C. WADHWA – Dated:- 1-7-2017 Last Replied Date:- 16-7-2017 – DEAR EXPERTS, WE ARE MANUFACTURER OF ALMOND PASTE AND WERE USING HSN CODE 20081990 BUT NOW WE CAME TO KNOW THAT THIS CODE IS NOT CORRECT. NOW MY QUERY IS TO FIND OUT CORRECT HSN CODE ALONGWITH GST RATE DECLARED BY GOI. PLEASE GIVE YOUR EXPERT OPINION. REGARDS, WADHWA – Reply By KASTURI SETHI – The Reply = Either 0802 80 90 or 0802 90 00. Earlier it attracted nil rate of duty. – Reply By Ramesh

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please confirm gst rate for henna powder – Goods and Services Tax – Started By: – dinesh garg – Dated:- 1-7-2017 Last Replied Date:- 1-7-2017 – sir please advice for chapter and gst price for henna po

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Goods and Services Tax – Started By: – Krish Murthy – Dated:- 1-7-2017 Last Replied Date:- 1-7-2017 – 1. Please update on the applicability of GST w.r.t a SEZ Co-Developer. Where the co-developer has contracted the construction to a contractor, how would the input credit in DTA of the such contractor be treated? What would be the status where materials are procured by the co-developer for fabrication outside the SEZ for fabrication in DTA, but commissioned in the SEZ unit after such fabrication

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Goods and Services Tax – Started By: – S.C. WADHWA – Dated:- 1-7-2017 Last Replied Date:- 9-7-2017 – DEAR EXPERTS, WE ARE MANUFACTURER OF DEHYDRATED VEGATABLES AND LEGUMINOUS VEGETABLES. OUR QUERY IS THAT IN WHICH HSN CODE DEHYDRATED BEANS ( FRENCH) IS COVERED. PLEASE GIVE YOUR EXPERT OPINION REGARDING HSN CODE AND RATE OF GST IMMEDIATELY. REGARDS, WADHWA – Reply By MUKUND THAKKAR – The Reply = 14040000 GST rate 5% please also check chapter 6-14 you will get the correct HSN code if any doubt. – Reply By dinesh garg – The Reply = thnks sir regards henna powder gst rate which you tell 5% okk this applicable for small pouches or only bulk or both ? – Reply By MUKUND THAKKAR – The Reply = GST is applicable on products and HSN code wise not pac

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CHAPTER NO. AND GST RATE – Goods and Services Tax – Started By: – S.C. WADHWA – Dated:- 1-7-2017 Last Replied Date:- 9-7-2017 – DEAR EXPERTS, HSN CODE OF DRY PEAS IS 07131000. WHEN THIS ITEM SOLD IN P

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Goods and Services Tax – GST – Dated:- 1-7-2017 – Ministry of Railways is fully geared for the roll out of GST w.e.f. 1st July, 2017. Exemptions granted from the levy of GST in respect of Passengers travelling in Second class, Metro, Sleeper Class. Exemption from levy of GST granted in respect of Transportation by Rail of Agricultural Produce, relief materials, milk, salt, food grain including flours, pulses and rice, railway equipment and materials, defence and military equipments, Catering charges of Standard Meal Items in Mail/Express trains & at static units on stations will not change even after 1st July,2017 Catering charges of Rail Neer will also remain unchanged w.e.f 1st July,2017 Ministry of Railways is fully geared for the roll out of GST w.e.f. 1st July, 2017.The Indian Railway is the national carrier and undertakes billions of transactions annually for transportation of passengers and goods. A mammoth exercise has been undertaken to modify the ERP system of IR for iss

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spect of Passengers travelling in Second class, Metro, Sleeper Class, Transportation by Rail of Agricultural Produce, relief materials, milk, salt, food grain including flours, pulses and rice, railway equipment and materials, defence and military equipments, etc. b) Exemptions have been granted in respect of Services of leasing of assets (rolling stock assets including wagons, coaches, locos) by Indian Railways Finance Corporation to Indian Railways ; Inter-state movement of trains between stations/ workshops/ sheds/ depots, etc., for the purpose of : (1) Carrying goods or passengers or both; or (2) For repairs and maintenance; Ministry of Railway has initiated process of Registration in each State/UT. Provisional GSTIN numbers of Ministry of Railways in each State/UT are already notified. In each State/UT, General Manager of a Zonal Railway has been nominated as the Principal Officer for taking care of GST compliance; A series of detailed instructions have been issued to all Zonal Ra

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elating to accounts and stores are also being modified. The impact of GST on different segments is detailed below: Passenger segment It has been decided to levy Goods & Services Tax (GST) in place of service tax including cess on transportation of passengers by rail. GST will be levied on the fare of passenger services in place of service tax (including cess) on the following classes:- (i) AC first class (ii) Executive class (iii) AC-2 tier class (iv) AC-3 tier (v) AC chair car class (vi) AC economy class (vii) First class (viii) AC and first classes coaches of special trains/coaches on FTR (ix) All other type of first class and AC class coaches if any:- The rate of GST shall be 5% on total fares. (in place of 4.5% service tax levied earlier i.e. an increase of 0.5% only) On concessional tickets GST shall be levied at the prescribed rate on total actual fare collected after concession/rebate. (i) In case of combined return journey tickets for AC & first class tickets, separate

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tation of GST, the Goods & Service Tax difference of fare shall not be collected on the tickets booked in advance. The new GST shall be applicable on tickets issued on or after 01.07.2017. Catering Segment ● The chargeable GST on catering services on railways is as under:- (i) For static units not having facility of air conditioning or central heating at any time during the year- 12% with full Input Tax Credit (ITC) (ii) For Static units having facility of air conditioning or central heating at any time during the year- 18% with full Input Tax Credit (ITC) (iii) For Rajdhani/Shatabdi/Duronto and other Mail/Express trains-18% with full Input Tax Credit (ITC) (iv) GST on catering services of other premium trains like Tejas, Gatiman, Shivalik etc. shall be levied @ 18%. ● The above GST on catering charges is applicable w.e.f. 01.07.2017. ● The impact of new GST regime on catering will be as given below: a) In case of, Mail/Express Trains, the charges of onboard cater

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portation of parcel traffic by rail shall be as under:- ● Goods and Service tax (GST) will be levied for transportation of all description of parcel traffic (leased or non-leased parcel traffic) and merchandise items (for commercial use) booked as luggage. ● Luggage traffic i.e. personal baggage belonging to the travelling passengers, (Excluding merchandise items for commercial use), shall be exempted from GST. The details of other commodities exempted from GST shall be as under:- (i) Relief materials meant for victims of natural or man-made disasters, calamities, accidents or mishap (ii) Defence of military equipments (iii) Newspaper or magazines registered with the Registrar of Newspapers (iv) Railway equipments or materials (v) Agricultural produce (vi) Milk, salt and food grain including flours, pulses and rice (vii) Organic manure ● The rate of GST shall be 5% on total freight. (in place of 4.5% service tax levied earlier- an increase of 0.5% only) ● Goods

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Goods and Services Tax – Started By: – SURYAKANT MITHBAVKAR – Dated:- 1-7-2017 Last Replied Date:- 1-7-2017 – If dealer is providing only service like professional fees can he apply for composition dealer registraion. – Reply By Preeti Sharma – The Reply = Hello Mr. Suryakant, Composition scheme under GST is available only for manufacturers, Traders & Food/Restaurant Services. It simply means any other person like a professional CANNOT opt for composition scheme.Thank You – Discussion-Forum

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Goods and Services Tax – GST – Dated:- 1-7-2017 – His Excellency, the President Honourable Shri Pranab Mukherjee, The Vice President the Honourable Shri Hamid Ansari ji, The Prime Minister Honourable Shri Narendra Modi ji, the Speaker of the Lok Sabha Honourable Smt. Sumitra Mahajan ji, Our Former Prime Minister and the senior leader of the country Sri HD Deve Gowda ji, Everyone from the Members of the Council of the Ministers, The Ministers of the State Governments, Officials, Members of the Parliament and other dignitaries assembled on this historic occasion, We have assembled today for an important moment in the journey of a great Nation. We are in the process of making history. With the launch of Goods and Services Tax. At the midnight hour We will be launching one of India's biggest and most ambitious Tax and Economic Reform in history. The GST maybe a destination tax, but for India it will begin all together a new journey. Its a journey where India will awake to limitless po

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Cooperative Federalism. While in enacting the GST neither the centre nor the states give up their Sovereignty. They have pooled their sovereignty to make joint decisions for indirect taxation. In a large and complex Federal System of Multi-Party Democracy With the Centre, 29 States, 2 Union Territories with legislatures, and wide divergent interest we have implemented a Constitution Amendment and brought in a large tax reform, displaying a high point of Indian politics. We have done this at a time when the world is facing slow growth, Isolationism and lack of structural reforms. With the GST India has shown that these forces can be overcome through the display of inclusion, openness and boldness. For this all Member of Parliament, The State Governments, all political parties, State Finance Ministers and the dedicated team of Officers of Centre and State Governments, Who contributed to this, deserve to be appreciated and thanked. राष्‍ट्र&#2

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#2344;्‍होंने सन 2003 में एक एतिहासिक रिपोर्ट दी थी। कि इस देश के अंदर एक Value Based Taxation GST के नाम से आरंभ किया गया। 2006 के बजट में UPA सरकार ने घोषणा की थी कि 2010 तक इसको लागू करने का प्रयास होगा और 2011 के बजट मे&#230

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ंद्र अपने अधिकारों को एकत्रित करके Goods and Service Tax की रचना करें। आपकी उस Constitution.. संविधान संशोधन के बाद Parliament की Standing Committee, उसने बहुत योगदान लायक सुझाव दिए थे। यशवंत सिन्‍हा जी आज मौजूद है इस सभागार में

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5;े लिए तीन चौथाई बहुमत की आवश्‍यकता है। Standing Committee के उस निर्णय का ये असर था कि केंद्र और राज्‍यों को स‍ंवैधानिक दृष्टि से इकट्ठा काम करने के लिए मजबूर किया गया और GST Council में जो एक प्रकार &#2360

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25;े दल की जिस राज्‍य की सरकार हो, उसका कोई वित्‍त मंत्री उस Empowered Committee का अध्‍यक्ष रहे। पहले अध्‍यक्ष श्री डॉ. असीम दास गुप्‍ता हमारे बीच में हैं और बहुत वर्षो तक देश में उन्‍होंने consensus बन&#236

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375; श्री अब्‍दुल रहीम राथर, श्री सुशील मोदी उसके बाद केरल के श्री के. एम. मणि, I think Mr. Mani is also here और फिर बंगाल के डॉ. अमित मित्रा, ये एक राज्‍यों के बीच में आम राय बनाते रहे। और इस पूरे इतिहास के बा&#

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द Council की पहली जिम्‍मेवारी थी कि केंद्र के लिए और राज्‍यों के लिए कानून बनाए। वो सभी कानून पांच केंद्र के लिए एक सभी राज्‍यों के लिए सर्वसम्‍मति से बनें। संसद ने उसे सर्वसम्मति

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8; निर्णय पर वोट करवाने की आज तक आवश्यकता नहीं पड़ी। हर एक निर्णय सर्वसम्मति से हुआ जिसमें अलग अलग राजनैतिक दलों के प्रतिनिधि थे, अलग अलग राज्य सरकारों के प्रतिनिधि थे, और एक &#2

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#2350;तभेद के, बिना किसी Dissent के एक एक Commodity का Tax सर्वमत से तय हुआ और उसके पीछे भी दो सिद्धांत थे कि एक आम और गरीब आदमी पर ज्यादा बोझ न पड़े। Revenue Neutral रहे कि जितना राजस्व राज्य और केन्द्र इक्ट्ठा कर

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366; थी, उस व्यवस्था में राज्यों और केन्द्र को मिलाकर 17 Transaction Tax हैं- Seventeen, 23 cess हैं, उन सबको समाप्‍त कर दिया गया है और उनके स्‍थान पर केवल एक Tax रहेगा। उस हर Tax के लिए अलग return जाता था, आज एक return जाएगा। हर एक assesse &

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325; form भरना computer पर कि मेरी पिछले महीने की transaction क्‍या है, उसमें डाल देना। और उसके माध्‍यम से Tax के ऊपर Tax न लगना, ये इसकी एक विशेषता है। पूरे देश के अंदर अलग-अलग राज्‍यों में अलग-अलग रेट और चुंग&#23

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#2366;भ मिलने लगेगा। मंहगाई के ऊपर भी लगाम लगेगी। टैक्‍स avoidance कठिन होगा, रेट पहले की तुलना में कम होंगे। देश की GDP को लाभ मिलेगा और जो अधिक राज्‍यों को और केंद्र को साधन मिलेंगे वो इस दे&#

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; इसमें कार्य किया है। यहां विशेष रूप से मैं सबका बहुत-बहुत आभार व्यक्त करता हूं। GST Council के जो सदस्य हैं, राज्यों के वित्तमंत्री वो सुबह से शाम तक कई दिनों तक बैठे रहे इन निर्णयों &#232

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चने का हम लोगों ने आज जब उसके लिये तैयार कर दिया है। मैं विशेष रूप से उन सभी अधिकारियों का बहुत बहुत आभार। और आप सब सांसद जो आए हैं उन सबका बहुत बहुत आभार व्यक्त करते हुए, मैं मा

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Goods and Services Tax – GST – Dated:- 1-7-2017 – The Goods and Services Tax came into force at midnight, amid a historic midnight session in the Central Hall of Parliament. President Pranab Mukherjee, Prime Minister Narendra Modi, and Finance Minister Arun Jaitley addressed the gathering, before the President and the Prime Minister pressed a button to mark the launch of GST. Speaking on the occasion, the Prime Minister said that the day marks a decisive turning point, in determining the future course of the country. He recalled that the Central Hall had been witness to several historic occasions in the past as well, including the first session of the Constituent Assembly, India s independence, and the adoption of the Constitution. He desc

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Goods and Services Tax – GST – Dated:- 1-7-2017 – आदरणीय राष्‍ट्रपति जी, आदरणीय उपराष्‍ट्रपति जी, लोकसभा की अध्‍यक्षा जी, पूर्व प्रधानमंत्री आदरणीय देवगौड़ा जी, मंत्रिपरिषद के मेरे साथी, सदन के सभी सम्‍मानित सद&#236

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;े हैं। आज इस मध्‍य रात्रि के समय हम सब मिल करके देश का आगे का मार्ग सुनिश्चित करने जा रहे हैं। कुछ देर बाद, देश एक नई व्‍यवस्‍था की ओर चल पड़ेगा। सवा सौ करोड़ देशवासी इस ऐतिहासि

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2375;ं, अलग-अलग टीमों के द्वारा जो प्रक्रियाएं चली हैं, वो एक प्रकार से भारत के लोकतंत्र की भारत की, संघीय ढांचे की, Co-operative Federalism के हमारे concept की एक बहुत बड़ी मिसाल के रूप में आज ये अवसर हमारा आ&#235

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366; हमने चुना है, जिस व्‍यवस्‍था को हमने विकसित किया है; यह किसी एक दल की सिद्धि नहीं है, यह किसी एक सरकार की सिद्धि नहीं है, ये हम सबकी सांझी विरासत है, हम सबके सांझे प्रयासों का पर&#236

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;र हम बैठे हैं। और इसलिए आज Central Hall, इस घटना के साथ हम याद करते हैं, 9 दिसम्‍बर, 1946, संविधान सभा की पहली बैठक का ये सभागृह साक्षी है। हम उस स्‍थान पर बैठे हैं, जब संविधान सभा की प्रथम बैठक हु&#

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र में बैठे हुए थे। उस सदन में जहां कभी 14 अगस्‍त, 1947, रात को 12 बजे, देश की स्‍वतंत्रता की उस पवित्र महान घटना; ये स्‍थान उनका साक्ष्‍य है। 26 नवम्‍बर, 1949 देश ने संविधान को स्‍वीकार किया। यह&#

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66; हूं कोई और स्‍थान नहीं हो सकता है, इस काम के लिए। संविधान का मंथन 2 साल, 11 महीने और 17 दिन तक चला था। हिन्‍दुस्‍तान के कोने-कोने से विद्वतजन उस बहस में हिस्‍सा लेते थे, वाद-विवाद होत&#237

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#2357;िचार-प्रक्रिया का परिणाम है। सभी राज्‍यों समान रूप से, केन्‍द्र सरकार उसी की बराबरी में, और सालों तक चर्चा की है। संसद में इसके पूर्व के भी सांसदों ने, उसके पूर्व के सांसदों &#

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;ेश के नागरिकों को समान अवसर, समान अधिकार, उसके लिए सुनिश्चित व्‍यवस्‍था खड़ी कर दी थी। और आज GST एक प्रकार से सभी राज्‍यों के मोतियों को एक धागे में पिरोने का और आर्थिक व्‍यवस्‍&#23

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#2361;ै, इस टीम इंडिया की कर्तव्‍य शक्ति का, सामर्थ्‍य का परिचायक है। ये GST Council केंद्र और राज्‍य में मिल करके उन व्‍यवस्‍थाओं को विकसित किया है, जिसमें गरीबों के लिए जो पहले उपलब्‍ध सेव

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66;ई देता हूँ, अब तक इस काम का नेतृत्व जिन-जिन लोगों ने किया है, अरुण जी ने विस्‍तार से कहा था, मैं उसका, मैं उसका पुनरावर्तन नहीं करता हूं। मैं उन सबको भी बधाई देता हूं, इस प्रक्रिय&#23

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2352; आज हम उस सफलता के साथ हम आगे बढ़ रहे हैं। एक लंबी प्रक्रिया थी, परिश्रम थी, शंकाए, आशंकाए थी, राज्यों के मन में गहरे सवाल थे। लेकिन अथाह पुरूषार्थ, परिश्रम, दिमाग की जितनी भी शक्&

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11;स वाक्य ने हमारी पूरी GST प्रक्रिया को बड़े ही अच्छे ढंग से कहा है। कोई वस्तु कितनी ही दूर क्यों न हो, उसका मिलना कितना ही कठिन क्यों न हो, वो पहुंच से कितनी ही बाहर क्यों न हो, कठिन &#234

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25;े देश को एक न किया होता, देश का एकीकरण न किया होता तो भारत का राजनीतिक मानचित्र कैसा होता? कैसा बिखराव होता! आजादी होती लेकिन देश का वो मानचित्र कैसा होता? जिस प्रकार से सरदार &#235

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#2325;ेन्द्र के 7 Tax, राज्यों के 8 Tax और हर चीजों के अलग-अलग Tax का हिसाब लगाएं, तो 500 प्रकार के Tax कहीं न कहीं अपना Role Play कर रहे थे। आज उन सबसे मुक्ति पाकर के, अब गंगानगर से ले करके ईटानगर तक, लेह से ले कर

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2375; कहा था कि दुनिया में अगर कोई चीज समझना सबसे ज्यादा मुश्किल है तो वो है Income Tax, यह अलबर्ट आइंसटीन ने कहा था। मैं सोच रहा था अगर वो यहां होते तो पता नहीं ये सारे Tax देखकर के क्या कहते, क्

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361;ै। एक ही चीज दिल्ली में एक दाम होगा, 25-30 किलोमीटर गुरूग्राम में दूसरा charge लगेगा और उधर नौएड़ा में गए तो तीसरा होगा। क्यों, क्योंकि हरियाणा का Tax अलग, उत्तरप्रदेश का Tax अलग, दिल्ली का अल&

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361;ै और दिल्ली में जाता हूं तो इतने में मिलती है। एक प्रकार से हर किसी के लिए Confusion की स्थिति रहती थी। अब पूंजी निवेश में भी विदेशों के लोगों के लिए यह सवाल रहता था कि भई किस, एक व्यवस्

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360;े वर्णन किया है कि GST के कारण Octroi की व्यवस्था हो, Entry Tax हो, Sale Tax हो, VAT हो, न जाने कितनी चीजे़, सारा वर्णन उन्होंने विस्तार से किया सब खत्म हो जाएगा। हम जानते हैं कि हम Entry के टोल पर घंटों तक हमारे Veh

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#2350;ें से एक मुक्ति का मार्ग हमें प्राप्त होगा। कभी-कभार Perishable Goods खास करके समय पर पहुंचना बहुत आवश्यक होता था, लेकिन वो जब नहीं पहुंचता था तो उसके कारण उस पहुंचाने वाले का भी नुकसान ह&#2

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System की ओर आज कदम रख रहा है, बढ़ रहा है। एक ऐसी व्यवस्था है जो ज्यादा सरल है, ज्यादा पारदर्शी है; एक ऐसी व्यवस्था है जो जो काले धन को और भ्रष्टाचार को रोकने में एक अवसर प्रदान करती है; &#23

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ी है और जिसके द्वारा GST हम लेकर आए हैं। साथियों, Tax Terrorism और Inspector राज, ये बात कोई नई नहीं है। सबदूर ये शब्द हम सुनते आए हैं, परेशानी भुगतने वालो से हमने उस चिंता को अनुभव किया है और GST की इस व्य&#

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2;ो परेशानियां होती रही है, उससे मुक्ति का मार्ग इस GST के द्वारा; कोई ईमानदार व्यापारी बेवजह परेशान हो वो दिन इसके साथ खत्म होने की पूरी संभावना इस GST के अंदर है। इस पूरी व्यवस्था &#

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है कि structure में लाने के लिए कुछ व्‍यवस्‍थाएं की हैं लेकिन वो minimum व्‍यवस्‍थाएं, नाममात्र की व्‍यवस्‍थाएं की गई हैं और उसके कारण सामान्‍य मानवी जो है, उसके लिए इस नई व्‍यवस्‍था से कोई &#234

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2375;ं कहो कि देश के गरीबों के हित के लिए ये व्‍यवस्‍था सबसे ज्‍यादा सार्थक होने वाली है। आजादी के 70 साल के बाद भी हम गरीबों तक जो पहुंचा नहीं पाए हैं, ऐसा नहीं कि प्रयत्‍न नहीं हुए ह&#

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यस्थित ढंग से और बोझ किसी एक पर न जाएं, बोझ sparred हो जाएं, Horizontal जितना हम sparred करें, उतना ही देश को Vertical ले जाने की सुविधा बढ़ती है। और इसलिए उस दिशा में जाने का काम, अब वो कच्‍चा बिल, पक्‍का बिल, ये &#23

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़ाने के लिए बहुत-बहुत काम आने वाला है। कभी-कभी आशंकाएं होती हैं कि ये नहीं होगा, ढिकना नहीं होगा, फलाना नहीं होगा और हमारे देश में हम जानते हैं कि जब XIh और XIIth के रिजल्‍ट online देने की शुर

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357;ीं, बारहवीं का अगर विद्यार्थी है, तो उसको ये सारी चीजें आती हैं। कोई मुश्किल काम नहीं, इतना सरल है, घर में 10वीं, 12वीं का विद्यार्थी भी रहता है, वो चीजें छोटे से व्‍यापारी को भी और &#2357

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8; हर बार आपके नंबर निकालता हो, आपका चश्‍मा बनाने वाला भी निश्चित हो, आप वहां अपने नंबर बनवाते हो, और फिर भी जब नया नंबर वाला चश्‍मा आता है तो एकाध-दो दिन तो आंख ऊपर-नीचे करके adjust करना

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जुड़ जाएंगे। मैं आपसे आग्रह करता हूं कि अफवाहों के बाजार को बंद करें और अब, जब देश चल पड़ा है तो सफल कैसे हो, देश के गरीब-जनों की भलाई के लिए कैसे काम हो, उस पर हम ले करके चलें और तब ज

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;मझ पाते हैं और उसको चला पाते हैं। मैं समझता हूं भारत में और आज दुनिया का एक प्रिय destination के रूप में; निवेश के लिए प्रिय destination के रूप में भारत को हर प्रकार से स्‍वीकृति मिली है और इसके लि&#2319

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0;ंतुलन को खत्‍म करेगा। GST एक ऐसा catalyst है जिससे Export Promotion को भी बहुत बल मिलेगा। और GST एक वो व्‍यवस्‍था है, जिसके कारण आज हिन्‍दुस्‍तान में जो राज्‍य ठीक से विकसित हुए हैं, उनको विकास के अवसर तु&#

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06;, हमारा पूर्वी उत्‍तर प्रदेश देखें, हमारा पश्चिम बंगाल देखें, हमारे North-East के देखें, हमारा उड़ीसा देखें, संसाधन, प्राकृतिक संसाधनों से भरे पड़े हैं। लेकिन अगर उनको ये, ये व्‍यवस्&zw

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#2366; अवसर इससे मिलने वाला है। हिन्‍दुस्‍तान के सभी राज्‍यों को विकास के समान अवसर प्राप्‍त होना, ये अपने-आप में विकास की राह पर आगे बढ़ने का एक बहुत बड़ा अवसर है। GST, एक प्रकार से जै&

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रे Central Service के अधिकारी केंद्र और राज्‍यों में वितरित हैं, फिर भी दोनों तरफ से मिल करके चला सकते हैं। एक GST ऐसी व्‍यवस्‍था है कि जिसमें पहली बार केंद्र और राज्‍य के लोग मिल करके निश्चि&

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7;र्व के साथ स्‍वीकार करेंगी। 2022, भारत की आजादी के 75 साल हो रहे हैं। New India का सपना ले करके हम चल पड़े हैं। सवा सौ करोड़ देशवासी New India बनाने के सपनों को ले करके चल रहे हैं। और इसलिए भाइयो, बहन&#

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#2350;ें समाहित किया है। उस वेद का मंत्र आज भी हम लोगों के लिए प्रेरणा देने वाला है। और लोकमान्‍य तिलक जी ने कहा है- उसका उल्‍लेख किया हुआ है- मूलत: ऋग्‍वेद का श्‍लोक है- सवाणिवाह: आकृ&#

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;र्वत्र एक साथ भली प्रकार से हो सके। इस भाव से लोकमान्‍य तिलक जी ने भी हमें आज परिणाम दिया है। GST New India की एक Tax व्यवस्था है। GST Digital भारत की Tax व्यवस्था है। GST सिर्फ Ease of doing Business नहीं है, GST Way of Doing Business की भी एक दिश&#2

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2370;न की भाषा में GST-Goods and Service Tax के रूप में भी जाना जाता है। लेकिन GST से जो लाभ मिलने वाले हैं और इसलिए मैं कहूंगा कि कानून भले ही कहता हो कि Goods and Service Tax, लेकिन हकीकत में ये Good and Simple Tax है और Good इसलिए कि Tax पर Tax, Tax पर Tax जो

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#2366;ष्ट्रपति जी ने समय निकालकर के, क्योंकि इस सारी यात्रा के वे भी एक साथी रहे हैं, सहयात्री रहे हैं; इसके हर पहलु को उन्होंने भली-भांति देखा है, जाना है, प्रयास किया है। उनका मार्&#

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2350;ैं उनका बहुत आभारी हूं कि वो आज आएं हम सबका मार्गदर्शन करने के लिए और उनकी बातें हम सबको एक नई प्रेरणा देती रहेगी। इसी एक भाव के साथ मैं फिर एक बार इस प्रयत्न के साथ जुड़े हुए ह&#2

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Goods and Services Tax – GST – Dated:- 1-7-2017 – Honourable President, Respected Vice President, Madam Speaker of Lok Sabha, our Former Prime Minister Shri Devegowdaji, Members of the Council of Ministers, all the other members of the House, and the esteemed conglomerate gathered here representing diverse sectors. In the process of nation building, we often arrive at a moment which leads us to a path breaking juncture and opens up a plethora of opportunities imploring us to aspire for new dreams. At the stroke of the midnight hour today, together we shall ensure a pioneering future of the nation. Within a few moments from now, our nation will embark upon a new economic regime. The entire 1.25 billion citizens of the country are a witness to this historical event. I do not believe that this process of GST is restricted to the scope of economy only. This momentous occasion stands today as a testimony to the concept of Co-operative Federalism in Indian Democracy. This hallmark day was p

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hare the same place of pride. The front seats of this hall were ordained by the iconic national heroes like Pandit Jawaharlal Nehru, Maulana Abul Kalam Azad, Sardar Vallabh Bhai Patel, Baba Saheb Bhimrao Ambedkar, Acharya Kripalani, Dr. Rajendra Prasad, Sarojini Naidu. The same House which once on 14 August, 1947, at the stroke of the midnight hour, witnessed the most pious moment of the nation attaining freedom! On 26th November, 1949, this House stands as a testimony to the historical event when the Constitution was accepted by the nation. Several years later, this House shall once again go down in the annals of history as there couldn t have been a more anointed venue than this for the launch of one of the biggest strength of Federal structure, the GST Reform. Between many a great debates, agreements and disagreements, chalking a new path, adopting the middle path when they would go astray, was born the Indian Constitution! It was an outcome of deliberations which lasted two years,

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ho walked the talk along with the government. My hearty congratulations to all who led this movement towards this milestone! All states are slated to gain immensely as they shall now get equal opportunities of development. GST is in a way is like our railways with state and Centre playing equal role in its operations. While it receives regional support at the state level, yet it is representative of the Indian Railways . The Central Service officers are deputed all over the states and they align the state with the vision of the Centre. GST is the first of its kind system in the country when both Centre and State shall be putting consolidated efforts in the same direction. We shall be proud of this wonderful system for generations to come as GST is a landmark achievement which is bound to take the nation towards exponential growth. Today, GST Council had its 18th meeting and GST would be implemented in a short while from now. Incidentally, the Holy book Gita also has 18 chapters and tod

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llabh Bhai Patel to integrate these Princely states, what would have been the political map of India today? Just as Sardar Vallabh Bhai Patel unified India by helping several princely states subsume into a common entity, the GST will bring economic unification. If we take into consideration the 29 states, the 7 Union Territories, the 7 taxes of the Centre and the 8 taxes of the states, and several different taxes for different commodities, the number of taxes sum up to a figure of 500! Today all those taxes will be shred off to have ONE NATION, ONE TAX right from Ganganagar to Itanagar and from Leh to Lakshadweep. Once Albert Einstein, an eminent scientist had said that the most complex thing to understand in this world is Income tax. I was wondering if he was present here then how he would have reacted looking at the plethora of taxes. And we have seen that usually there is not much of a difference in the quantity of production. But when the product goes out, we can see the inequality

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tax structure. Sometimes certain items, especially the perishable ones that were supposed to reach their destination in time, were delayed because of the time taken for processing; and it resulted in losses at both ends. Today we are getting rid of all that. The country is moving a step forward towards a modern taxation system. This is a system that is simpler, more transparent. It will help us curbing black money and corruption and reward honesty. It will generate interest and enthusiasm to do business honestly. It will bring in a new culture of governance. We have all lived tax terrorism and inspector raj. Today, due to the transparency of GST, due to technologically proven trial, grey areas are ending. GST has an inherent strength of eliminating the possibility of ordinary businessmen being harassed by the officers. Traders with a turnover up to ₹ 20 lakh are totally exempt from this. Traders with a turnover up to ₹ 75 lakh are also having many exemptions. This is true

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e system hung. The next day the focus of the news was this very issue. Even today we hear about such issues. It is true that everyone is not tech-savvy. However, if any household has a class 10th-12th student, he would definitely know about technology. GST is so simple that a class 12 student can help merchants file returns. I request those who have fears to dismiss them. You get your eye check-up done by your regular doctor. He gives you power for your eyes. You get the spectacles made. When you get those spectacles, it takes 2-3 days to get adjusted. The crux of the story is that even then the eyes need to adjust to new spectacles. Similarly, if we try to adjust to the new system we will definitely be able to integrate ourselves with it. It is time to stop the rumour bazaar. It is a time we concentrated on the development and for the betterment of this country. Let the GST be carried forward till the point it has positive impact on the world s economy. GST is a system that ends the i

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ts impact will be appreciated by the forthcoming generations with a great pride. In 2022, India will celebrate the Diamond Jubilee year of achieving Freedom. We have embarked upon a journey to create a New India. The New India which is the dream of our 1.25 billions Indians! Therefore Ladies and Gentlemen, GST shall play a key role in helping us build the India of our dreams. The last verse of Lokmanya Tilak s Gita Rahsaya ideally encapsulates the essence of the way the GST team has strived to achieve it. The verse from the Rigveda continues to inspire us till today. It says सवाणिवाह: आकृति: समाना रुदयनिवाह: समान वस्‍तु वो मनो यथावा सुसहासिति It means that w

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