Revenue Secretary's presentation on next steps required on Goods Services Tax Revenue Secy's presentation on next steps required on Goods and Service Tax (GST)
GST
Dated:- 4-8-2016
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Document 1
GOODS AND
SERVICES TAX:
NEXT STEPS
THE ROADMAP TO GST
Establishment of Legal Framework
Preparation of IT infrastructure
Change Management:
.
Training of Officials and Staff
• Outreach and Consultation with trade
and industry
• Target date of GST Roll Out: 1st April
2017
ESTABLISHMENT OF LEGAL
FRAMEWORK
1. Passage of the Constitution Amendment Bill from
Parliament: First week of August 2016
2. Ratification by 50% States
3. Presidential Assent of Constitution Amendment and
notification in officia
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Modules for backend processes of tax authorities such
as processing registration/returns, assessments, audit, appeals, etc.
Development of GST Frontend and Backend for 17 States by GSTN: End
December 2016
CBEC's Backend systems: End November 2016
Backend systems of 14 States: End November 2016
Backend systems of Pr. CCA, Banks, RBI & State accounting
authorities: End November 2016
Testing and integration of GST Frontend and backend of all
stakeholders: Jan – March 2017
CHANGE MANAGEMENT
60,000 officials of Centre and State Governments to be trained on GST
laws and IT framework: till lowest level assessing officer in States and
Centre
Training on GST Laws:
.
•
.
Phase I: Source Trainer's workshop (25 officers) – Comp
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on to be filed online for
registration under Goods & Services Tax (GST).
➤The registration number will be PAN based and will
serve the purpose for Centre and State.
Each dealer to be given unique id GSTIN
>Registration to be granted within 3 days.
>Post registration verification in risk based cases only.
6
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RETURNS
Common return would serve the purpose of both
Centre and State Government.
Most average tax payers would be using only four
forms for filing their returns. These are return for
supplies, return for purchases, monthly returns and
annual return.
• Small taxpayers: Small taxpayers who have opted
composition scheme shall have to file return on
quarterly basis.
Filing of returns shall be completely onlin
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