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Stakeholder Consultation on Proposed Changes to GST Laws

Start Date :
Jul 10, 2018
Last Date :
Jul 17, 2018
00:00 AM IST (GMT +5.30 Hrs)
Submission Closed

In order to engage with the stakeholders and invite comments from the public at large, the Department of Revenue has decided to make available the proposed amendments in CGST Act, ...

In order to engage with the stakeholders and invite comments from the public at large, the Department of Revenue has decided to make available the proposed amendments in CGST Act, 2017, IGST Act, 2017 and the GST (Compensation to States) Act, 2017 in the public domain. The draft proposals for amendments can be seen here. You are invited to submit your comments/feedback on the draft proposals for amendments through this discussion on MyGov.in. To facilitate the analysis of the comments / feedback, you are requested to add a hashtag to your comments. The hashtags should be added using the following scheme:

Use the hashtag #AmendmentSrNo1 for comments pertaining to amendment detailed at serial no.1 of the draft proposals,#AmendmentSrNo2 for comments pertaining to amendment detailed at serial no. 2 of the draft proposals, etc.

In case you have more than one suggestion to offer, you may find it convenient to type out your comments in a separate document, with hashtags specifying the Serial No. for which the comments are being given.

Last date of submission is 16th July, 2018

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Showing 1285 Submission(s)
Rakesh Bansal Adv
Rakesh Bansal Adv 7 years 12 months ago
#Amendment SrNo25 We request the following amendment after the words cost accountant"or an Advocate shall submit a copy of audited annual accounts...."
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Sailesh S
Sailesh S 7 years 12 months ago
Sir, GST on distribution of mutual funds should be abolished as the distributor isn’t the end user of the product . Taxation on consumption is the basis of GST and in this case this does not hold true . To be taxed on consumption the GST levy has to be charged to the NAV of the scheme to the investor on the Asset management fee paid by him to the AMC. Why is the need for GST on distributor commission being levied where the basis of GST (Taxed on consumption) not being fulfilled.
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Akshay Tiwari
Akshay Tiwari 7 years 12 months ago
We are in financial advisory bussiness and we are just facilitator beetwen mutual fund and investor so if GST charged to client from mutual fund is the best option for fair play as they have relationship of all financial products and direct consumer. Or else my recommendation for cut GST in financial services from 18% to 5% with without input credit as govt already provide this option in various industries. Re think about 18% with input credit to 5% without input credit
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Umesh Aggarwal
Umesh Aggarwal 7 years 12 months ago
Mutual fund commission has always been a scapegoat. Be it imposition of direct regime, abolition of entry load, reduction in trail, now the GST. GST is not a bad thing to be paid but on mutual fund distributor at this stage is a hectic step. Mf distributors play a vitol role in converting savings to investment which in turn lead to growth of indian economy. 18%gst,30%incometax,what is left behind for him to survive. AMCs pay GST on the expense charged from the investor,hencethereshould "NO GST"
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MEDA SATYA JAYADEVA KUMAR
MEDA SATYA JAYADEVA KUMAR 7 years 12 months ago
Dear Sir, i request the Govt.of India and GST Council to include the following :--> After the Word by a Chartered Accountant or a Cost Accountant, "the Income Tax Practitioner / Sales Tax Practitioner / GST Practitioner" as certified by the Income Tax Department / Commercial Tax Department /(having Certificate of Practice)/ qualified as GST Practitioner who has passed the examination conducted by NASIN" subject to such conditions as defined in Income Tax Act (less than 2 cr cases)
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Hemanth N
Hemanth N 7 years 12 months ago
GSTIN - Request you to instruct State Bank of India (SBI) to provide online payment of GST, income tax and TDS for the whole day ie 24 hours a day. SBI cutoff time for online remittances is 20:00 hours, whereas we work till late night during GSTR-3B filing due dates. Other banks are providing such facility to make online remittances round the clock. Extending online remittances will help to file GSTRs during non peak hours.
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SOURABH SHARMA GSTP
SOURABH SHARMA GSTP 7 years 12 months ago
#AmendmentSrNo25 We Request the following amendment after the words cost accountant “ or an Advocate or a 5 years experienced GSTP(as STP) and shall submit a copy of audited annual accounts....."
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patel ravi
patel ravi 7 years 12 months ago
GST નું પહેલું વર્ષ સારું રહ્યું છે,પણ GST ના પહેલાજ વર્ષે લગાવામાં આવેલી લેટ ફીસ લોકો માટે એક મોટો પ્રસન્ન છે,જયારે લોકો GST ની પક્રિયાને સમજી પણ નોતા શક્ય અને GST ની સિસ્ટમ પણ બરાબર નોહતી ચાલતી ત્યારે GST દ્વારા લેટ ફીસ લગાવી દેવા માં આવી હવે લોકો એવી અસા ગોવરમેન્ટ પાસે રાખે છે કે ગોવરમેન્ટ દ્વારા લેટ ફીસ માં માફી આપવામાં આવે,તો ગોવરમેન્ટ ને અમારી એવી વિનંતી શે કે લેટ ફીસ ના કાયદા માં ફેર ફાર થાય અને લોકો સહેલાઈથી રિટર્ન ભરી સ કે
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