Sitting on ivory towers
By: – Bharath Kumar
Goods and Services Tax – GST
Dated:- 13-6-2017<\/p>\n
The storm of GST is fast approaching and is just twenty days away from the coast of Indian subcontinent. But out of almost 80 lakhs of assessees, I doubt whether atleast 10% of the assessees are prepared to face the GST.In my own case, one company with ₹ 600 crores is still struggling to educate their persons and to upload new rate of tax in thousands of commodities.While it is being so, most of the Central and State officers do not even know the basics of GST as this is the kitchadi of Service Tax, Central Excise and VAT. The GST Schedule is the replica of Central Excise Act which diametrically opposite to the simple Schedule of<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ient rather than desperate in fixing the deadline. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Sitting on ivory towersBy: – Bharath KumarGoods and Services Tax – GSTDated:- 13-6-2017 The storm of GST is fast approaching and is just twenty days away from the coast of Indian subcontinent. But out of almost 80 lakhs of assessees, I doubt whether atleast 10% of the assessees are prepared to face the GST.In my … Continue reading “Sitting on ivory towers”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-3650","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/3650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3650"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/3650\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nUnless it is postponed to September 2017 and meanwhile uninterrupted follow up action in all fronts is made, only God alone can save this country.
\nBY K.Palaniswamy Deputy Commissioner(Commercial Taxes) Rtd Coimbatore Cell 93666-19752
\n Reply By Rakesh Chitkara as =
\nNot to worry Mr. Bharath Kumar. Our guess is that it would be extended upto August 1, at least and then max to Sept. 1 – bit by bit. Please understand the psychology of policy makers too
\n Dated: 13-6-2017
\n Reply By Harish Kohli as =
\nWe have to shed this pessimistic attitude. Of course initial hiccups will be there but things will settle down in two or three months.
\nThe draft of GST is in circulation since long , where it was<\/p>\n
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